$ETH
$ETH /USDT – Short Technical Analysis (4 H)
Current Price: $1,973
Trend: Short-term consolidation inside a broader downtrend.
Price is trading below MA 25 (2,019) and MA 99 (2,083), which indicates the higher-timeframe trend is still bearish.
MA 7 (~1,978) is close to price, showing short-term sideways movement.
After rejection near $2,107, ETH dropped sharply and is now stabilizing around the $1,950–$1,980 zone.
Volume shows a spike during the dump, suggesting strong selling pressure, but recent candles show reduced volatility.
Key Levels:
Resistance: $2,020 → $2,080
Support: $1,940 → $1,890
Outlook:
If $ETH holds above $1,940, a short bounce toward $2,020 is possible.
If $1,890 breaks, further downside continuation may occur.
Overall bias: Neutral to slightly bearish unless price reclaims $2,020 with strong volume.
#MarketRebound #VVVSurged55.1%in24Hours #PEPEBrokeThroughDowntrendLine #TrumpCanadaTariffsOverturned #BTC100kNext?