$ETH
Current Price Action:
ETH recently dropped from around $1,856.99 to a low of $1,744.20, and is now recovering near $1,800.
Possible Support Zones:
1. $1,787 - $1,780 zone: This area has seen multiple bouncebacks, acting as immediate support.
2. $1,744 - $1,746: This is the recent lowest point on the chart, and it would be a strong support if price breaks below the immediate support zone.
3. Indicators:
RSI (6 & 14): Both are in the 40–50 range, suggesting a neutral-to-weak strength – possible near support behavior.
MACD: Currently bearish, showing potential for further downside unless a bullish crossover forms.