๐จ Ethereum (ETH) Trend Reversal Incoming? Key Levels to Watch! ๐
Ethereum has been in a strong downtrend, but signs of a reversal are emerging! Currently trading at $2,210, ETH recently bounced off the $2,076 support, forming a potential bottom.
๐ Technical Outlook:
๐ Downtrend Resistance: $2,281 (MA25)
๐ Major Resistance: $2,380
โ Key Support: $2,076
๐ Indicators:
MACD is attempting a bullish crossover.
Volume is picking up, hinting at a potential breakout.
MA7 ($2,214) & MA25 ($2,281) Resistance Zone โ ETH needs to clear this for confirmation.
๐ก Trade Setup:
๐ Long Entry: Above $2,281 for a move toward $2,380+.
๐ป Short Entry: Below $2,076 if ETH fails to hold.
๐ฏ Stop-Loss: $2,150 for longs, $2,250 for shorts.
Will ETH push past resistance or face rejection? Drop your thoughts! ๐๐
โ ๏ธ No financial advice. DYOR.