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$ETH /USDT – Sharp Pullback or Rebound? 🔥
Ethereum (
$ETH ) is down -5.04%, currently trading at $2,074.69. Will it recover toward $2,150, or is further downside ahead? Let’s analyze!
📊 Market Overview
📍 Current Price: $2,074.69 🔻
📈 24h High: $2,189.44
❄️ 24h Low: $1,989.66
📊 Volume (24H): 1.41B USDT | 683,822.18 ETH
🔥 Key Levels to Watch
🔹 Resistance: $2,083 | $2,100 | $2,150
🔹 Support: $2,044 | $2,024 | $1,990
📈 Technical Indicators
✅ MA(5): Short-term resistance at $2,210
✅ MA(10): Bearish trend, next key support at $1,990
✅ MACD: Bearish momentum growing – risk of further downside 📉
✅ Parabolic SAR: Downtrend still in play, needs strong buying for reversal
🎯 ETH Trading Setup
🔹 Bullish Scenario (If ETH Holds Above $2,050):
Entry: Above $2,080
Targets: $2,100, $2,150, $2,200+
Stop-Loss: $2,020
🔹 Bearish Scenario (If ETH Drops Below $2,020):
Entry: Below $2,020
Targets: $2,000, $1,990, $1,950
Stop-Loss: $2,080
🔍 Will ETH Recover or Keep Dropping?
✅ If ETH stays above $2,050, a bounce toward $2,150 is likely.
✅ Selling pressure remains high—watch for potential drop to $1,990.
✅ BTC’s movement will strongly impact ETH’s price action!
📢 What’s your next move? Buying the dip or waiting for more confirmation? Let’s discuss below!
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