ETH/USDT – 1H Technical Update (Latest Chart)
Price: 2,968.5
Trend: Short-term correction after liquidity sweep, broader structure still healthy.
Moving Averages:
MA(7) ≈ 2,982.6 → immediate resistance
MA(25) ≈ 2,978.8 → supply zone
MA(99) ≈ 2,927.5 → major trend support intact
What Just Happened
Price swept above 3,013 → trapped late longs
Sharp flush to 2,944 → liquidity grab
Fast rebound back into range → buyers stepped in
Volume Insight
Heavy volume on the drop + rebound = absorption, not panic selling
Current lower volume = consolidation phase
Key Levels to Watch
Support:
2,955 – 2,945 (critical intraday)
Below → 2,927 (MA99)
Resistance:
2,980 – 3,000
Major breakout → 3,015
Scenarios
Bullish: Hold above 2,945 and reclaim 3,000 → targets 3,050 → 3,100
Bearish: Lose 2,945 → test 2,927, deeper only if MA99 fails
Bias: Neutral → bullish above MA99
Execution Tip: Wait for structure confirmation (higher low + volume) before aggressive longs.
If you want, I can package this as a Binance Creator-style post or give you a clear scalp/swing trade setup.
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