$ETH /USDT MARKET OUTLOOK: STRUGGLING BELOW KEY RESISTANCE!
Ethereum is currently trading around $1,771, attempting to recover after a strong rejection from the $1,810 level, which remains the key short-term resistance. The price has formed a lower high and is now testing a minor resistance band around $1,770–$1,780. Momentum appears to be slowing down, and volume is not showing strong buyer commitment at this zone.
The downside remains vulnerable if ETH fails to break and hold above $1,780. In that case, a revisit to the $1,730–$1,720 support zone is likely, with a deeper correction targeting $1,673 if bearish pressure increases.
Outlook Summary:
• Trend: Short-term bearish unless resistance breaks
• Immediate Resistance: $1,780–$1,810
• Support Levels: $1,730 and $1,673
• Volume: Decreasing — indicating cautious sentiment
Pro Tip: Wait for a breakout retest if going long, or look for bearish engulfing patterns at resistance for short confirmation.
“Let the level decide — trade only after the breakout or rejection confirms direction!”
What are your thoughts on the next move? Let me know in the comments.
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