Technical Analysis (Ethereum - 1H Chart)
ETH/USD recently rejected the resistance area (~$2,480-$2,530), leading to a strong bearish move. Price is now approaching a potential short-term retracement zone (~$2,430-$2,450), where another rejection could trigger further downside.
If bearish momentum continues, the next target lies at the $2,096 support level. A break above the resistance zone could invalidate the bearish bias.
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ETH/USD recently rejected the resistance area (~$2,480-$2,530), leading to a strong bearish move. Price is now approaching a potential short-term retracement zone (~$2,430-$2,450), where another rejection could trigger further downside.
If bearish momentum continues, the next target lies at the $2,096 support level. A break above the resistance zone could invalidate the bearish bias.
If you enjoy, press the like button.
Order cancelled
Price hit our targets, without entering our supply zone,
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💸FREE FOREX Signals in Telegram : t.me/+Dsyl8z6KZao3ZDU8
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/+Dsyl8z6KZao3ZDU8
🚀FREE CRYPTO Signals In Telegram: t.me/+Dsyl8z6KZao3ZDU8
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/+Dsyl8z6KZao3ZDU8
🚀FREE CRYPTO Signals In Telegram: t.me/+Dsyl8z6KZao3ZDU8
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.