🚨$ETH
ETHEREUM (ETH) — LIVE MARKET ANALYSIS
Ethereum is trading around $2,054, with strong bearish pressure across multiple timeframes.
📊 KEY RESISTANCE LEVELS 🔴 $2,083 🔴 $2,126 🔴 $2,190
🟢 KEY SUPPORT LEVELS
$2,005
$1,930
$1,834
📈 BULLISH SCENARIO: A confirmed daily close above $2,083 could open the way toward $2,126.
📉 BEARISH SCENARIO: A breakdown below $2,005 could push ETH toward $1,930 and potentially $1,834.
🔥 MY MARKET VIEW: ETH remains bearish on 4H, daily and weekly charts. Daily RSI is 29.4, indicating oversold conditions. A temporary bounce is possible, but the overall trend has not confirmed a reversal.
⚠️ Watch support levels, wait for candle-close confirmation and manage risk carefully.
What is your expectation for ETH — recovery or further downside?
#Ethereum #ETH #CryptoAnalysis #EthereumTrading #BinanceSquare
ETHEREUM (ETH) — LIVE MARKET ANALYSIS
Ethereum is trading around $2,054, with strong bearish pressure across multiple timeframes.
📊 KEY RESISTANCE LEVELS 🔴 $2,083 🔴 $2,126 🔴 $2,190
🟢 KEY SUPPORT LEVELS
$2,005
$1,930
$1,834
📈 BULLISH SCENARIO: A confirmed daily close above $2,083 could open the way toward $2,126.
📉 BEARISH SCENARIO: A breakdown below $2,005 could push ETH toward $1,930 and potentially $1,834.
🔥 MY MARKET VIEW: ETH remains bearish on 4H, daily and weekly charts. Daily RSI is 29.4, indicating oversold conditions. A temporary bounce is possible, but the overall trend has not confirmed a reversal.
⚠️ Watch support levels, wait for candle-close confirmation and manage risk carefully.
What is your expectation for ETH — recovery or further downside?
#Ethereum #ETH #CryptoAnalysis #EthereumTrading #BinanceSquare
