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🚨 ETH Technical Outlook 🔥
$ETH experienced a sharp drop, declining $431 from Sunday’s peak and testing critical support near $2,005. A breach of this level exposes the asset to significant bearish continuation, while a recovery above $2,055 is required to stabilize short-term price action.‼️
👉🏻 Key Price Zones
🔴 Critical Support (Weaker Zone)📉
The last hope for $2000 level is $2005.
If failed to hold it we could see a low of $1968 to $1975‼️
🟢 Resistance / Positive Zone:📈
To confrim the recovey and short term stability we need a resistance above $2055 which could delay further crash 🚀
#ETH #CryptoAnalysis #TechnicalAnalysis #ETHTousd #CryptoMarket
🚨 ETH Technical Outlook 🔥
$ETH experienced a sharp drop, declining $431 from Sunday’s peak and testing critical support near $2,005. A breach of this level exposes the asset to significant bearish continuation, while a recovery above $2,055 is required to stabilize short-term price action.‼️
👉🏻 Key Price Zones
🔴 Critical Support (Weaker Zone)📉
The last hope for $2000 level is $2005.
If failed to hold it we could see a low of $1968 to $1975‼️
🟢 Resistance / Positive Zone:📈
To confrim the recovey and short term stability we need a resistance above $2055 which could delay further crash 🚀
#ETH #CryptoAnalysis #TechnicalAnalysis #ETHTousd #CryptoMarket
$ETH experienced a sharp drop, declining $431 from Sunday’s peak and testing critical support near $2,005. A breach of this level exposes the asset to significant bearish continuation, while a recovery above $2,055 is required to stabilize short-term price action.‼️
👉🏻 Key Price Zones
🔴 Critical Support (Weaker Zone)📉
The last hope for $2000 level is $2005.
If failed to hold it we could see a low of $1968 to $1975‼️
🟢 Resistance / Positive Zone:📈
To confrim the recovey and short term stability we need a resistance above $2055 which could delay further crash 🚀
#ETH #CryptoAnalysis #TechnicalAnalysis #ETHTousd #CryptoMarket
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