#cryptotradingpro

$ETH /USDT on the daily timeframe:

1. General trend:

• Strong downtrend. The price broke the middle Bollinger band and the lower border, continuing the decline to a new local minimum (~2155).

2. Indicators:

Bollinger Bands:

• Price is well below the lower border (DN: 2251.57) — indicates oversold, which is a short-term rebound or consolidation.

MACD:

• DIF (-37.37) and MACD (-51.94) — significant negative values, the histogram is red — confirms strong bearish momentum.

STOCH RSI:

• Value 0.00 — oversold, potential for a technical rebound, but there is no reversal mark yet.

Volume (volume):

• Volume remains consistently high — the active sell-off phase will continue.

3. Key levels:

• Support:

• ~2155 — local minimum (already tested).

• ~2016 — current next support level.

• Resistance:

• ~2337 — previous consolidation zone.

• ~2530–2570 — Bollinger average and important psychological level.

✅ Conclusion:

• The bearish trend prevails, with signs of strong oversold.

• A short-term rebound is possible, but for a long-term long, one should expect reversal signals:

• price increase above MA10,

• MACD crossing upwards,

• STOCH RSI exiting the oversold zone.