📊 $ETH /$USDT Daily Chart Analysis
Hello guys, focus carefully 👀
ETH is still trading in a strong downtrend on the 1D timeframe. The recent bounce from $1,505 looks like a relief rally, but buyers haven't confirmed a trend reversal yet.
🔹 Bullish Scenario
Entry above: $1,720
Targets: $1,860 → $2,000
Stop Loss: $1,620
🔹 Bearish Scenario
If ETH loses $1,600, sellers may push it back toward $1,500 and lower.
Short-term support: $1,600 - $1,550
📢 My dear followers, don't FOMO into green candles. Wait for confirmation and manage risk properly. The market is still recovering from heavy selling pressure, so patience is more important than speed.