$ETH /USDT Short Term Update š
ETH is trading around 1959 and holding above short term MA support. After a sharp dip near 1897, price bounced back but now facing resistance near the 2000 psychological level. Momentum looks slightly weak on lower timeframe, so a short term pullback is possible before any strong breakout.
ETHUSDT
Perp
2,085.95
+1.98%
š¹ Short Setup
Entry: 1975 to 1995
SL: 2025
TP1: 1940
TP2: 1915
TP3: 1885
Price is struggling to break and hold above 2000. Rejection wicks near highs show sellers are active in this zone. If ETH fails to reclaim 2000 with strong volume, we can see a move back toward 1940 and lower supports.
Invalidation: Clean 1H close above 2025 with strong volume.
Manage risk properly and avoid over leverage in choppy conditions.
Trade $ETH here š