Technical Analysis – ETH/USD (1D Timeframe)
Ethereum (ETH/USD) is trading around $2,080, down 3.12%, and currently testing a Point of Interest (POI) support zone ($1,789 - $2,042). This area has historically acted as a strong demand zone, making it a key level for potential bullish reversal.
A long setup is visible, with the first target at $2,654 and the second target at $3,296. If price holds above the POI, a bounce towards these resistance levels is likely. However, a breakdown below $1,789 could trigger further downside.
Key Levels to Watch:
- Support (POI): $1,789 - $2,042
- 1st Target: $2,654
- 2nd Target: $3,296
Price action at this zone will determine ETH’s next move—holding above it could initiate a bullish recovery.
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Ethereum (ETH/USD) is trading around $2,080, down 3.12%, and currently testing a Point of Interest (POI) support zone ($1,789 - $2,042). This area has historically acted as a strong demand zone, making it a key level for potential bullish reversal.
A long setup is visible, with the first target at $2,654 and the second target at $3,296. If price holds above the POI, a bounce towards these resistance levels is likely. However, a breakdown below $1,789 could trigger further downside.
Key Levels to Watch:
- Support (POI): $1,789 - $2,042
- 1st Target: $2,654
- 2nd Target: $3,296
Price action at this zone will determine ETH’s next move—holding above it could initiate a bullish recovery.
If you enjoy, press the like button.
Trade active
Note
Congratulations guys, 150 pips+ profit booked.Note
Price start flying towards targets.Note
Our trades are still running in good profit, we are holding trades for big move.Trade closed: target reached
300 pips+ profit booked.
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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.
💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
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.