*Price: 2,389.62 USDT* — down from your marked high *2,446.27*, showing a clear downtrend on 1h.
- *Your Green Support Line ∼2,400:* You nailed it. Price was consolidating around 2,400 for hours, then broke down. That line is now acting as resistance. Your arrow to 2,370 zone is exactly where price is heading.
- *SAR: 2,378.40* — SAR dots are above candles now = bearish trend confirmed, price below SAR.
- *MACD: DIF -5.66 / DEA -4.07 / MACD -1.59* — Bearish, both lines below zero and DIF below DEA.
- *RSI(6): 43.40* — Dropping from 50 to 43, showing selling pressure but not oversold yet. Can go to 30s.
- *Vol: ETH 1.64K / USDT 3.91M* — Volume increasing on red candles = selling volume.
*Caption for your post:
> ETH/USDT Update 2,389$ 🔻
> Broke the 2,400 support I marked earlier. High was 2,446.27, now testing lower levels.
> SAR 2,378 is resistance above, RSI 43 bearish, MACD negative.
> Next support to watch: 2,370 - 2,348 zone.
> Are we seeing more downside or a bounce here? 👇
> #ETH #Ethereum #ETHUSDT #CryptoMarketAnalysis #writetoearn $USDT
- *Your Green Support Line ∼2,400:* You nailed it. Price was consolidating around 2,400 for hours, then broke down. That line is now acting as resistance. Your arrow to 2,370 zone is exactly where price is heading.
- *SAR: 2,378.40* — SAR dots are above candles now = bearish trend confirmed, price below SAR.
- *MACD: DIF -5.66 / DEA -4.07 / MACD -1.59* — Bearish, both lines below zero and DIF below DEA.
- *RSI(6): 43.40* — Dropping from 50 to 43, showing selling pressure but not oversold yet. Can go to 30s.
- *Vol: ETH 1.64K / USDT 3.91M* — Volume increasing on red candles = selling volume.
*Caption for your post:
> ETH/USDT Update 2,389$ 🔻
> Broke the 2,400 support I marked earlier. High was 2,446.27, now testing lower levels.
> SAR 2,378 is resistance above, RSI 43 bearish, MACD negative.
> Next support to watch: 2,370 - 2,348 zone.
> Are we seeing more downside or a bounce here? 👇
> #ETH #Ethereum #ETHUSDT #CryptoMarketAnalysis #writetoearn $USDT