ETH/USDT is showing clear bearish momentum on the 15m-1h timeframe. Price has broken below the Supertrend (10,3) at ~$2,013, now acting as resistance, with a strong downtrend line intact from $2,147 highs.
Currently trading at ~$1,949 after a -3.05% drop in 24h, testing the 24h low zone near $1,937. RSI(14) at 28.54 – deeply oversold, hinting at potential short-term relief bounce if buyers defend $1,930-1,937.
MACD remains heavily bearish: DIF -23.14, DEA -17.49, histogram expanding negative. Volume spiked on the recent red candles but lacks strong buy-side follow-through.
Bias: Bearish continuation unless we reclaim Supertrend + $2,000 decisively. Watch for rejection at $1,972-2,019 or breakdown below $1,926 for next leg down.
What’s your view on $ETH
ETHUSDT
Perp
2,001.9
-3.36%
here – bounce or further dump? Drop your TA below!