$ETH
Ethereum (ETH) Price Action Update on Binance
1hr Chart Analysis
Currently, Ethereum (ETH) is trading at $1793.90, down -1.51% in the last session.
After a period of sideways consolidation, ETH experienced a rejection near the $1840 resistance zone and is now showing bearish momentum. Sellers are gaining control as price dips below the psychological $1800 support.
Key Levels to Watch:
Support: $1780 — $1760
Resistance: $1800 — $1840
Short-term bias remains bearish unless ETH reclaims $1800 with strong volume. Watch for potential scalping opportunities if price tests support levels.
Trade carefully!
