🚨 ETHUSDT Quick Update & Prediction (Feb 16, 2026) 🚨
ETH is hovering around $1,968 after a sharp pullback from the 24h high of $2,023. We're seeing strong rejection at $2,000+ resistance, with red candles dominating the 15m-1h charts. Wm %R deeply oversold (-76) hints at a potential short-term bounce, but overall structure remains bearish unless we reclaim $2,000 decisively.
Short-term outlook:
Support to watch: $1,950 – $1,926 (mark price zone)
If holds → possible relief rally to $2,050–$2,100
If breaks lower → next targets $1,850–$1,800
Longer-term (2026): Many analysts still eye $4,000–$7,500 by year-end if adoption (DeFi, stablecoins, upgrades) picks up, but right now macro caution and volatility dominate.
What’s your play? Long for bounce or Short the breakdown? Drop your thoughts below! 📊
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