$ETH /USDT – STRUGGLING BELOW $1,850 RESISTANCE WITH NO CLEAN BREAKOUT YET
$ETH is currently trading at $1,845.41, showing a slight intraday recovery after bouncing from the $1,810.00 low. The 15-minute chart shows multiple rejection wicks around the $1,849.60 resistance, highlighting buyer hesitation at the top.
While the bulls are attempting to regain control, the market structure still reflects a choppy range. A confirmed breakout above $1,850 with strong volume could signal trend continuation, but until then, price remains vulnerable to a pullback toward the $1,830 and $1,816 zones.
Key Levels to Watch:
Resistance: $1,849.60
Support: $1,816.00
Breakout Level: $1,851.50
Volume Outlook: Decent ETH volume, but breakout needs confirmation
Pro Tip: Watch for a 15-minute close above $1,851 with rising volume to confirm upside momentum.
Buy & Trade Here on $ETH
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