$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
ETH
2,252.51
-2.30%