Why $ETH Is Struggling at $1806 (And the Exact Levels to Watch)
Ether is trying to claw its way back after tagging lows near $1711, currently sitting at $1806. While we managed to nudge just above the 20-hour moving average at $1800, the heavier 50-hour moving average at $1855 and the recent 24-hour high of $1852 are keeping a firm lid on this bounce. With the 14-period RSI drifting softly at 45.8, this recovery attempt lacks real momentum. Watch $1710 as the absolute line in the sand; losing it opens the door to another sharp flush.
What is your personal invalidation level on this setup: holding or cutting if support breaks?
$ETH $UNI #Bitcoin #CryptoMarket #TradingView
Ether is trying to claw its way back after tagging lows near $1711, currently sitting at $1806. While we managed to nudge just above the 20-hour moving average at $1800, the heavier 50-hour moving average at $1855 and the recent 24-hour high of $1852 are keeping a firm lid on this bounce. With the 14-period RSI drifting softly at 45.8, this recovery attempt lacks real momentum. Watch $1710 as the absolute line in the sand; losing it opens the door to another sharp flush.
What is your personal invalidation level on this setup: holding or cutting if support breaks?
$ETH $UNI #Bitcoin #CryptoMarket #TradingView
