đ Ethereum falls â1.9% in 24 h to $2,019.01: it briefly broke below $2,000 to a new 20-day low of $1,982.60, then bounced to defend the psychological $2,000 level.
đ Context (Binance):
⢠On the daily chart, it is down â9.8% over 6 days, and its RSI is deep in oversold territory (28.1)
⢠On the 4 h chart, the trend remains strongly bearish (RSI 32.0), with price below the 20, 50, and 200 EMAs
⢠In futures: funding is at +0.01% and open interest is up +2.5%
đ Key levels:
⢠Immediate support: $1,982.60 (new 20-day low and 20-candle low on the 4 h chart) and the psychological $2,000 level
⢠4 h resistance levels: $2,069 (20 EMA) and $2,143 (50 EMA)
⢠Major daily resistance: $2,226 (20 EMA) and $2,227 (200 EMA)
⢠Daily ATR: $98.1 (4.9%)
đ˘ Bullish scenario: if it holds $2,000â$1,982.60 and reclaims the 4 h 20 EMA ($2,069), it could ease oversold conditions toward $2,143.
đ´ Bearish scenario: a 4 h close below $1,982.60 would confirm the loss of $2,000 with a new monthly low.
đ What to watch: whether the bounce from $1,982.60 holds at the 4 h candle close, and whether the RSI (32.0) manages to turn upward.
Can $ETH hold $2,000 after this sweep, or will we see a further drop? Reply "HOLD" or "BREAK" đ
#ETH #Ethereum #AnalisisTecnico #Cripto #Tra100d
â ď¸ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
đ Context (Binance):
⢠On the daily chart, it is down â9.8% over 6 days, and its RSI is deep in oversold territory (28.1)
⢠On the 4 h chart, the trend remains strongly bearish (RSI 32.0), with price below the 20, 50, and 200 EMAs
⢠In futures: funding is at +0.01% and open interest is up +2.5%
đ Key levels:
⢠Immediate support: $1,982.60 (new 20-day low and 20-candle low on the 4 h chart) and the psychological $2,000 level
⢠4 h resistance levels: $2,069 (20 EMA) and $2,143 (50 EMA)
⢠Major daily resistance: $2,226 (20 EMA) and $2,227 (200 EMA)
⢠Daily ATR: $98.1 (4.9%)
đ˘ Bullish scenario: if it holds $2,000â$1,982.60 and reclaims the 4 h 20 EMA ($2,069), it could ease oversold conditions toward $2,143.
đ´ Bearish scenario: a 4 h close below $1,982.60 would confirm the loss of $2,000 with a new monthly low.
đ What to watch: whether the bounce from $1,982.60 holds at the 4 h candle close, and whether the RSI (32.0) manages to turn upward.
Can $ETH hold $2,000 after this sweep, or will we see a further drop? Reply "HOLD" or "BREAK" đ
#ETH #Ethereum #AnalisisTecnico #Cripto #Tra100d
â ď¸ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
