📊 ETHEREUM (ETH) – LIVE MARKET ANALYSIS
Current Price: $2,221.53
$ETH remains under bearish pressure as sellers continue defending higher price levels. The 15M, 1H and 4H RSI readings indicate weak momentum, with no confirmed bullish reversal yet.
🔹 Support: $2,210 – $2,206
🔹 Major Support: $2,185
🔹 Resistance: $2,238 – $2,251
🔹 Major Resistance: $2,269 – $2,288
🟢 Bullish Scenario: A strong breakout above $2,251 could open the way toward $2,269 and $2,288.
🔴 Bearish Scenario: A confirmed breakdown below $2,206 could expose ETH to further downside toward $2,185.
My Outlook: Short-term bias remains bearish. Buyers need to reclaim $2,251 with strong volume before a bullish recovery becomes convincing.
Patience is key. Wait for confirmation rather than chasing price.
What's your prediction? $ETH to $2,270 or $2,185 first?
#Ethereum #ETH #CryptoAnalysis #TechnicalAnalysis #BİNANCESQUARE
Current Price: $2,221.53
$ETH remains under bearish pressure as sellers continue defending higher price levels. The 15M, 1H and 4H RSI readings indicate weak momentum, with no confirmed bullish reversal yet.
🔹 Support: $2,210 – $2,206
🔹 Major Support: $2,185
🔹 Resistance: $2,238 – $2,251
🔹 Major Resistance: $2,269 – $2,288
🟢 Bullish Scenario: A strong breakout above $2,251 could open the way toward $2,269 and $2,288.
🔴 Bearish Scenario: A confirmed breakdown below $2,206 could expose ETH to further downside toward $2,185.
My Outlook: Short-term bias remains bearish. Buyers need to reclaim $2,251 with strong volume before a bullish recovery becomes convincing.
Patience is key. Wait for confirmation rather than chasing price.
What's your prediction? $ETH to $2,270 or $2,185 first?
#Ethereum #ETH #CryptoAnalysis #TechnicalAnalysis #BİNANCESQUARE
