$ETH Where is it going $ETH over the next 7 days? Key levels to monitor 📊
Hello, Community! After a strong rebound of 11–12% from the local lows in the $1,600 area, Ethereum is at a crucial decision point at the start of July.
What can we expect this week? Here are the most important technical and fundamental points:
🚀 The Bullish Scenario:
The main battle for buyers is right now in the psychological zone of $1,800 USDT. If we manage to consolidate and close consecutive daily candles above this level (breaking above the 50-day EMA), the path opens up to seek the bigger resistance in the $1,880 - $1,920 USDT range.
📉 The Bearish Scenario:
If we fail to break $1,800 with volume, it’s very likely we’ll see a pullback to test the strength of the supports. The most immediate and critical floor is at $1,740 USDT. If we lose it, the $1,700 zone will be tested again.
Market Context: The Bitcoin factor: $BTC keeps defending $63,500. If Bitcoin pushes toward $65,500, it will give ETH the oxygen it needs to break upward.
Caution: Outflows in ETFs and high leverage in long positions require strict risk management (adjusted Stop Loss).
Weekly Outlook: Most likely, we’ll see a sideways move/consolidation between $1,720 and $1,850.
What strategy are you applying for these 7 days? Trading Spot to take advantage of support levels or looking for shorts at the $1,800 resistance? I’ll read you in the comments! 👇
#ETH🔥🔥🔥🔥🔥🔥 #cryptouniverseofficial #TradingCommunity #BinanceSquareTalks #BTC
Hello, Community! After a strong rebound of 11–12% from the local lows in the $1,600 area, Ethereum is at a crucial decision point at the start of July.
What can we expect this week? Here are the most important technical and fundamental points:
🚀 The Bullish Scenario:
The main battle for buyers is right now in the psychological zone of $1,800 USDT. If we manage to consolidate and close consecutive daily candles above this level (breaking above the 50-day EMA), the path opens up to seek the bigger resistance in the $1,880 - $1,920 USDT range.
📉 The Bearish Scenario:
If we fail to break $1,800 with volume, it’s very likely we’ll see a pullback to test the strength of the supports. The most immediate and critical floor is at $1,740 USDT. If we lose it, the $1,700 zone will be tested again.
Market Context: The Bitcoin factor: $BTC keeps defending $63,500. If Bitcoin pushes toward $65,500, it will give ETH the oxygen it needs to break upward.
Caution: Outflows in ETFs and high leverage in long positions require strict risk management (adjusted Stop Loss).
Weekly Outlook: Most likely, we’ll see a sideways move/consolidation between $1,720 and $1,850.
What strategy are you applying for these 7 days? Trading Spot to take advantage of support levels or looking for shorts at the $1,800 resistance? I’ll read you in the comments! 👇
#ETH🔥🔥🔥🔥🔥🔥 #cryptouniverseofficial #TradingCommunity #BinanceSquareTalks #BTC