🔎 General Evaluation: - Currently, ETHUSDT price is at 3118, with the main trend on the 1-hour timeframe being bearish, as seen from the downward pressure following a sharp decline from the upper area. - The last high swing is at 3251 and the last low swing is at 3043, with the equilibrium level around 3147. - Several key indicators give mixed signals: MACD, DMI, MFI, Fisher, and ADX tend to be bullish, but Stochastic, Momentum, RSI, and PSAR are still bearish. This indicates potential for a retracement upward, but the risk of rejection remains high.
📈 Important Levels:
- 3145 – The nearest resistance area, also serving as the upper boundary of the bearish FVG zone. Watch for price reactions here, as it could become a distribution area for sellers. - 3273 – The next strong resistance, located within the supply zone and also part of the last high swing. - 3447 – Strong resistance above, likely only achievable if a major reversal occurs. - 3086 and 3069 – Minor support, where buyer reactions typically start to emerge. - 3043 – Main support, as well as the last low swing. If the price breaks down below this, it could lead to a deeper decline. - 3147 – The balance level. Usually an area of tug-of-war between buyers and sellers; be cautious of potential false breakouts around this area.
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$ETH
🔎 General Evaluation:
- Currently, ETHUSDT price is at 3118, with the main trend on the 1-hour timeframe being bearish, as seen from the downward pressure following a sharp decline from the upper area.
- The last high swing is at 3251 and the last low swing is at 3043, with the equilibrium level around 3147.
- Several key indicators give mixed signals: MACD, DMI, MFI, Fisher, and ADX tend to be bullish, but Stochastic, Momentum, RSI, and PSAR are still bearish. This indicates potential for a retracement upward, but the risk of rejection remains high.
📈 Important Levels:
- 3145 – The nearest resistance area, also serving as the upper boundary of the bearish FVG zone. Watch for price reactions here, as it could become a distribution area for sellers.
- 3273 – The next strong resistance, located within the supply zone and also part of the last high swing.
- 3447 – Strong resistance above, likely only achievable if a major reversal occurs.
- 3086 and 3069 – Minor support, where buyer reactions typically start to emerge.
- 3043 – Main support, as well as the last low swing. If the price breaks down below this, it could lead to a deeper decline.
- 3147 – The balance level. Usually an area of tug-of-war between buyers and sellers; be cautious of potential false breakouts around this area.