Ethereum Price Sees Healthy Pullback — Uptrend Still Safe 📉💪📈
Quick Highlights:
Ethereum stayed strong above $1,750 and began a new rally 🚀
Currently trading below $1,820 and the 100-hour SMA ⚠️
Short-term bearish trendline near $1,835 🧭
Breakout above $1,840 could reignite the bulls 🔥
Ethereum Price Dips Slightly
After pushing past $1,800 and $1,820, ETH even touched $1,873 before a healthy correction took over. It retraced below $1,800 and the 50% Fib level of the move from $1,734 → $1,873. ETH is now facing resistance at $1,820 (🚧) and $1,835 (trendline zone ⛓️).
Upside Targets (if breakout occurs):
$1,840 – initial resistance 🛡️
$1,880 – major breakout level 🔓
$1,950 – next bullish target 🎯
$2,000–$2,050 – moon zone 🌕🚀
Bearish Scenario (if ETH can't break $1,820):
Support at $1,785 and $1,765 🧱
Below that: $1,735 and $1,720 🕳️
Key base support: $1,650 (critical level ❗)
Indicators:
MACD: Bearish momentum building ⬇️
RSI: Below 50 – bears have short-term control 🐻
Support: $1,765
Resistance: $1,840
#USStablecoinBill #StrategicBTCReserve #MarketPullback #SaylorBTCPurchase #EUPrivacyCoinBan
