$ETH Testing Key Support – Bounce or Break? 📉
Ethereum is showing some short-term weakness after failing to hold the $2,150 level.
Looking at the 1H chart, we’ve seen a consistent slide over the last few hours, with the price now sitting at $2,067.
Resistance:
The immediate hurdle is the MA(7) and MA(25) cluster around $2,100 - $2,125.
Support:
Keep a close eye on the $2,026 mark (MA 99). If we lose this, we might see a fast move toward the $1,970 psychological floor.
Volume:
Selling volume has picked up on the recent red candles, suggesting bears are currently in control.
Waiting for a reversal signal before jumping back in. Stay disciplined! 🛡️
#ETH #CryptoAnalysis #TradingSignals #Ethereum

ETH
2,252.51
-2.30%