*Ethereum (ETH) Price Under Pressure* ๐Ÿ“‰

*Can Bulls Hold $1,500 or Will It Fall Further?* ๐Ÿค”

Ethereum prices have plummeted 62% from $4,100 to $1,607 in the past four months ๐ŸŒช๏ธ. However, a 9.8% surge in 24 hours has sparked hope ๐Ÿ”ฅ. The question remains: will ETH breach $1,809 resistance or fall below $1,100? ๐Ÿค”

*Key Levels:*

๐Ÿ“Š Resistance: $1,785, $2,000 (psychological), and $2,385

๐Ÿ“Š Support: $1,539 (immediate) and $1,500 (psychological)

*Technical Analysis:*

๐Ÿ“Š RSI: 37.17, approaching oversold but not severe ๐Ÿ”ด

๐Ÿ“Š EMAs: Bearish above current price, with 50 EMA resisting above $2,000 ๐Ÿ”

*Price Chart:*

The price has neared the channel's lower trendline, signaling a support test ๐Ÿ”„. A break above the channel's top border might send ETH to the 50-day EMA at $2,000 ๐Ÿš€.

*Potential Targets:*

๐Ÿ“Š Immediate target: $1,400 (13.5% drop from current levels)

๐Ÿ“Š Potential target: $2,000 (23.7% increase from current levels)

*What's Next for ETH?* ๐Ÿค”

Will the bulls hold $1,500 or will it fall further? The market is uncertain ๐Ÿ”ฎ. Stay tuned for updates on $ETH

#ETH #BinanceAlphaAlert #BinanceVoteToDelist #TariffsPause #MarketRebound