ETH/USDT Technical Analysis
Current Price: ~ $1,983
24H High: $2,099
24H Low: $1,955
Indicators from your chart
• MA7: 2014
• MA25: 1985
• MA99: 2693
• Price is below MA7 and MA25
• Overall trend bearish but ranging
This means market is weak but consolidating.
Important Levels
Resistance
• $2,020 – $2,050 (strong)
• $2,100 (major resistance)
Support
• $1,955
• $1,900
• $1,750 (major support)
Short Trade Setup (Safer currently) 📉
Entry Zone
• $2,000 – $2,050
Stop Loss
• $2,120
Targets
1️⃣ $1,950
2️⃣ $1,900
3️⃣ $1,750
Reason
• Price rejected $2,100
• MA lines downward
• Lower highs forming
👉 If ETH rejects again near $2k, short opportunity is strong.
ETH
1,970
-0.59%