$ETH /USDT – Dipping into Support Zone Amid Weak Momentum
ETH is currently trading at $1,774.90 (-1.76%), hovering above the 24h low of $1,758.00, with the high touching $1,834.86. The volume stands strong at 744,562.20 ETH (~$1.34B), reflecting active market participation despite a short-term downtrend. Price action on the 15m to 4h timeframes suggests continued pressure with support near $1,754, a level last tested at 03:15 on April 24. Watch the order book depth – dense layering between $1,787.98 and $1,804.88 may act as short-term resistance. If bulls reclaim $1,821.79, we may see a push back toward the $1,834 zone. Key support: $1,754 | Breakout confirmation: $1,821.