$ETH Buyers are fighting back and trying to regain control, but the bears are still in charge!
Ethereum is trading near $1,802 after bouncing from the $1,730–$1,750 support zone.
The 1-hour chart still shows a clear downtrend, so I don’t consider this a trend reversal just yet.
Key levels:
* Support: $1,730–$1,750
* Resistance: $1,880–$1,900
If ETH breaks above $1,900, we could see a stronger recovery. But losing the $1,730 level could lead to further selling pressure.
For now, I’m watching this bounce cautiously. Buyers need to prove their strength.
Ethereum is trading near $1,802 after bouncing from the $1,730–$1,750 support zone.
The 1-hour chart still shows a clear downtrend, so I don’t consider this a trend reversal just yet.
Key levels:
* Support: $1,730–$1,750
* Resistance: $1,880–$1,900
If ETH breaks above $1,900, we could see a stronger recovery. But losing the $1,730 level could lead to further selling pressure.
For now, I’m watching this bounce cautiously. Buyers need to prove their strength.
