đ $ETH TECHNICAL ANALYSIS â ETHEREUM UNDER HEAVY SELLING PRESSURE NEAR $2,200
BINANCE SPOT | NOVEMBER 6, 2026
Price: $2,226.15 24H Change: â8.228% đŽ 24H High: $2,434.91 24H Low: $2,206.28
đ MARKET STRUCTURE
Ethereum has experienced a sharp correction, losing significant value over the last 24 hours and approaching its $2,206 support level.
Price remains below its 4-hour EMA20 near $2,309.54. RSI(14) around 39.3 indicates weak momentum, with sellers maintaining control.
đč KEY SUPPORT
âą $2,206 â Immediate critical support âą $2,200 â Psychological support âą $2,150 â Extended downside reference
đč KEY RESISTANCE
âą $2,250 â Immediate resistance âą $2,309 â 4H EMA20 resistance âą $2,435 â Major 24-hour resistance
đ BULLISH SCENARIO
A sustained 4-hour close above $2,250 could support a recovery toward $2,309.
Reclaiming the EMA20 would provide stronger confirmation of improving momentum.
đ BEARISH SCENARIO
Failure to defend $2,206 could expose the psychological $2,200 level.
A confirmed breakdown below $2,200 would increase the risk of further downside toward $2,150.
đ TECHNICAL CONCLUSION
OUTLOOK: BEARISH â SELLERS RETAIN CONTROL
Decisive range: $2,206â$2,309.
Ethereum remains technically weak, and the proximity to its 24-hour low makes the next support test particularly important.
$BTC $NEAR
#TripsSam #ETH #Ethereum #TechnicalAnalysis #BinanceSquare
BINANCE SPOT | NOVEMBER 6, 2026
Price: $2,226.15 24H Change: â8.228% đŽ 24H High: $2,434.91 24H Low: $2,206.28
đ MARKET STRUCTURE
Ethereum has experienced a sharp correction, losing significant value over the last 24 hours and approaching its $2,206 support level.
Price remains below its 4-hour EMA20 near $2,309.54. RSI(14) around 39.3 indicates weak momentum, with sellers maintaining control.
đč KEY SUPPORT
âą $2,206 â Immediate critical support âą $2,200 â Psychological support âą $2,150 â Extended downside reference
đč KEY RESISTANCE
âą $2,250 â Immediate resistance âą $2,309 â 4H EMA20 resistance âą $2,435 â Major 24-hour resistance
đ BULLISH SCENARIO
A sustained 4-hour close above $2,250 could support a recovery toward $2,309.
Reclaiming the EMA20 would provide stronger confirmation of improving momentum.
đ BEARISH SCENARIO
Failure to defend $2,206 could expose the psychological $2,200 level.
A confirmed breakdown below $2,200 would increase the risk of further downside toward $2,150.
đ TECHNICAL CONCLUSION
OUTLOOK: BEARISH â SELLERS RETAIN CONTROL
Decisive range: $2,206â$2,309.
Ethereum remains technically weak, and the proximity to its 24-hour low makes the next support test particularly important.
$BTC $NEAR
#TripsSam #ETH #Ethereum #TechnicalAnalysis #BinanceSquare