📊 $ETH Technical Analysis & Setup
Ethereum sits flat with a bearish 1h structure, trading below the EMA20 and EMA200 alongside weak broader market momentum.
• Key Support / Demand: 2208.81, 2203, and 2178
• Resistance / Supply Targets: 2250.60, 2255 zone
• Trigger / Confirmation: Lower-timeframe rejection at 2250 resistance for shorts, or a 1h close above 2250.60 to confirm a bullish shift.
• Risk / Invalidation: 1h close above 2250.60 invalidates the current bearish bias.
• Market Execution: Monitor standard order book depth at key resistance levels for liquidity sweeps.
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #ETH #Trading
Ethereum sits flat with a bearish 1h structure, trading below the EMA20 and EMA200 alongside weak broader market momentum.
• Key Support / Demand: 2208.81, 2203, and 2178
• Resistance / Supply Targets: 2250.60, 2255 zone
• Trigger / Confirmation: Lower-timeframe rejection at 2250 resistance for shorts, or a 1h close above 2250.60 to confirm a bullish shift.
• Risk / Invalidation: 1h close above 2250.60 invalidates the current bearish bias.
• Market Execution: Monitor standard order book depth at key resistance levels for liquidity sweeps.
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #ETH #Trading
