$BNB
Based on the chart, ETH is trading around $1,862
24h change: -5.6% 🔻
Market structure shows a strong bearish breakdown.
📉 Current Market Condition
Major dump candle with high momentum.
Price dropped below the psychological $1,900 level.
Short-term trend = strongly bearish.
No confirmed reversal yet.
Key Levels
Support Zones:
$1,850 (current reaction area)
$1,820
$1,800 (psychological support)
Resistance Zones:
$1,900 (major resistance now)
$1,930
Trading Strategy (Intraday)
Short Setup (Trend Following – Safer)
Entry: Pullback toward $1,890 – $1,900 with rejection
Targets: $1,850 → $1,820
Stop Loss: Above $1,915
Counter Trend Long (High Risk)
Entry: Strong bounce from $1,820 – $1,800 with volume confirmation
Targets: $1,880 → $1,900
Stop Loss: Below $1,790
⚠️ Important Notes
Momentum is still bearish.
Avoid catching falling knives.
Wait for candle close + volume confirmation.
Risk only 1–3% per trade.
#BinanceSquare #ETH #Sanka_bro