:::writing{variant="social_post" id="61482"} $ETH on the (D) Daily is currently trading around $1,630.
The key level remains $1,748. A daily close above $1,748 would be the first sign of strength and could open the door for a relief rally toward $1,850 - $1,950.
As long as ETH remains below $1,748, the overall trend stays bearish.
For now, $1,600 is the most important support level. Losing this level could send $ETH toward $1,550 and potentially $1,365, which remains the next major support zone.
Key Levels: 📍 Resistance: $1,748 📍 Target: $1,850 - $1,950 📍 Support: $1,600 📍 Major Support: $1,365 :::
Price source: Binance and major market trackers show ETH around the mid-$1,600 range today. �
Binance +1