2,067 ≈ the EMA7 line just slipped under the EMA25, a gap that hasn't been seen since last week.
Here's the setup 👇
Price is nudging the 2,067 zone while RSI sits at 34, hinting at lingering weakness. Yet the 0.0033 % funding means longs are paying to stay, a subtle sign of over‑leveraged bullish bets.
If $ETH falls through the ~1,940 area, the bearish case strengthens; losing the ~2,138 barrier on a 4H close would invalidate this read.
Tap $ETH to pull up the chart and verify these zones yourself.
The chart whispers a deeper slide toward the low‑2‑k region, with the real risk if the 2,138 line holds.
Follow me for the next update when the 2,138 level finally decides the direction.
What level do you think will act as the decisive barrier for $ETH 👇
⚠️ Not financial advice. DYOR.
#ETH #Ethereum #Crypto #BinanceSquare
Here's the setup 👇
Price is nudging the 2,067 zone while RSI sits at 34, hinting at lingering weakness. Yet the 0.0033 % funding means longs are paying to stay, a subtle sign of over‑leveraged bullish bets.
If $ETH falls through the ~1,940 area, the bearish case strengthens; losing the ~2,138 barrier on a 4H close would invalidate this read.
Tap $ETH to pull up the chart and verify these zones yourself.
The chart whispers a deeper slide toward the low‑2‑k region, with the real risk if the 2,138 line holds.
Follow me for the next update when the 2,138 level finally decides the direction.
What level do you think will act as the decisive barrier for $ETH 👇
⚠️ Not financial advice. DYOR.
#ETH #Ethereum #Crypto #BinanceSquare
