#ETH — Expected scenario for Ethereum's price movement over the coming hours
Price at the time of analysis: $2,010
The overall trend remains strongly bearish on higher timeframes (4-hour and daily), with the daily RSI reaching severely oversold levels at 19. The recent drop to $1,982 broke a previous low and swept substantial liquidity from long positions.
The most likely scenario at present is a temporary corrective rebound toward the $2,040–$2,050 zone, where the price may attempt to capture accumulated liquidity before resuming its decline or entering a sideways range. If the rebound fails and $1,982 is broken, the price could move toward $1,955 and then $1,911.
Support: 1,982 - 1,955 - 1,911
Resistance: 2,040 - 2,085 - 2,129
Entry status: No qualifying trade at present. We are waiting for a corrective rebound or a clear break of support, confirmed by price action, before identifying a suitable entry opportunity.
Plan details and entry conditions are available in the private channel. To subscribe:
🐋 Jimi
$ETH
#Ethereum #deal #short #freesignals
Price at the time of analysis: $2,010
The overall trend remains strongly bearish on higher timeframes (4-hour and daily), with the daily RSI reaching severely oversold levels at 19. The recent drop to $1,982 broke a previous low and swept substantial liquidity from long positions.
The most likely scenario at present is a temporary corrective rebound toward the $2,040–$2,050 zone, where the price may attempt to capture accumulated liquidity before resuming its decline or entering a sideways range. If the rebound fails and $1,982 is broken, the price could move toward $1,955 and then $1,911.
Support: 1,982 - 1,955 - 1,911
Resistance: 2,040 - 2,085 - 2,129
Entry status: No qualifying trade at present. We are waiting for a corrective rebound or a clear break of support, confirmed by price action, before identifying a suitable entry opportunity.
Plan details and entry conditions are available in the private channel. To subscribe:
🐋 Jimi
$ETH
#Ethereum #deal #short #freesignals