$ETH recently hit resistance around $2,879 and pulled back to the $2,760 zone. It's down about -1.8% in the last 24 hours, and the 15-minute RSI has dropped to 17 — yeah, that’s deep in oversold territory. So… are we about to see a bounce?$ETH
On the 1H chart, MACD has flipped bearish. But interestingly, we saw a volume spike during the dip, meaning traders were pretty active there.
The 4H trend is still holding up for now, but momentum is clearly fading — bulls are looking a bit hesitant.
Current price (ETHUSDT Perp):
🟠 $2,761.56
🔻 -1.22%
Key support: $2,754
If that level holds, we might get a bounce back to the $2,800–2,820 zone. But if it breaks, next stop could be around $2,670.
👀 What to watch:
Price reaction at $2,754
RSI climbing back above 30
MACD crossover on lower timeframes
Short-term bounce coming, or are we heading for a deeper correction?
Charts will tell.
📌 Trade smart. Protect your capital.
Ethereum (ETH/USDT) Price Chart (1H)
$2,900 ────────────────┬────────────── Resistance (Tested)
│
│
$2,879 ────────────────● ← Resistance Level (Recent high)
│
│
▼
$2,820 ────────┐
│ ← Possible bounce zone
$2,800 ───────┘
│
│
● Current Price: ~$2,761
▼
$2,754 ────────────────● ← Key Support Level (Watch closely)
▲
│
RSI (15min) = 17 → Oversold
MACD (1H) = Bearish
Volume ↑ → Spike during dip
$2,670 ────────────────● ← Next Major Support (If breakdown)
───────────────────────────────────────────────────────
NOTES:
- RSI needs to recover above 30 → Early bounce sign
- Watch MACD crossover on lower timeframes
- Bulls
look hesitant (momentum fading)
