$ETH
(Simple but Powerful)
(Based on your chart + latest market technical data)
Market Overview
ETH is currently trading around $2.0K–$2.1K zone, showing short-term bearish pressure.
Overall trend still downtrend, but indicators show oversold bounce potential (RSI near oversold levels).
COINOTAG +1
Market analysts say if resistance breaks, recovery toward $2.3K – $3.1K zone is possible in coming weeks.
MEXC
Your chart also shows:
Strong dump candle → panic selling / liquidation zone
Sideways consolidation → market deciding next move
Key Support & Resistance
Supports
$2,050 — short term critical reaction zone
$2,000 — psychological + strong historical support
$1,950 – $2,020 — major technical demand area �
MEXC +1
Resistances
$2,200 – $2,234 — immediate breakout wall
$2,400 — strong supply zone
$2,570+ — macro resistance cluster
COINOTAG +1
Next Move Probability (Signal Style)
Bearish Case
Lose $2,050 → Fast move → $2,000 → $1,950
Bullish Case
Reclaim $2,200 → Momentum → $2,350 → $2,500
Trade Targets (Signal Provider Style)
If Long From Support Bounce
TG1: $2,180 – $2,220
TG2: $2,350 – $2,400
TG3: $2,550 – $2,700
If Breakdown Short Setup
TG1: $2,020
TG2: $1,980
⚠ TG3: $1,850 – $1,800
(Targets aligned with recent technical forecasts and resistance clusters)
COINOTAG +1
Short-Term Insight (Hours → Days)
Market oversold → bounce possible
But trend still bearish → rallies may get sold
Expect: Volatile sideways → Fake breakout Real move
Mid-Term Insight (Weeks → 1-2 Months)
If market stabilizes → ETH could attempt $2.3K – $3.1K recovery range
MEXC
If macro stays weak → Retest sub-$2K possible
Pro Trader Tip
Don’t chase green candles after dump
Best entries = Support reaction + volume confirmation
Always watch BTC trend → ETH follows.#WhaleDeRiskETH #BTCMiningDifficultyDrop #BinanceBitcoinSAFUFund