ETHUSD Daily Analysis
Ethereum is currently trading at $1,830, testing a critical support level. The price action suggests two potential scenarios:
📈 Bullish Scenario: A rebound from $1,830 could lead to a push towards the $2,100 resistance zone. A breakout above this level would expose $2,530 as the next key target.
📉 Bearish Scenario: A confirmed break below $1,830 would signal further downside momentum, targeting $1,500 as the next major support level.
📌 Key Levels:
Resistance: $2,100, $2,530
Support: $1,830, $1,500
Ethereum is currently trading at $1,830, testing a critical support level. The price action suggests two potential scenarios:
📈 Bullish Scenario: A rebound from $1,830 could lead to a push towards the $2,100 resistance zone. A breakout above this level would expose $2,530 as the next key target.
📉 Bearish Scenario: A confirmed break below $1,830 would signal further downside momentum, targeting $1,500 as the next major support level.
📌 Key Levels:
Resistance: $2,100, $2,530
Support: $1,830, $1,500
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.