$ETH Technical analysis
4H trend: Bearish
Daily trend: Bearish
RSI (14): 19.2 – deeply oversold
Momentum: Selling pressure remains strong.
A relief bounce is possible because RSI is deeply oversold, but reversal is not confirmed. A daily close above $1,894 would be the first bullish signal.
#eth #TradFiForBeginners
4H trend: Bearish
Daily trend: Bearish
RSI (14): 19.2 – deeply oversold
Momentum: Selling pressure remains strong.
A relief bounce is possible because RSI is deeply oversold, but reversal is not confirmed. A daily close above $1,894 would be the first bullish signal.
#eth #TradFiForBeginners
