MMarket Sentiment:
1. Bearish Bias: The overall trend seems to be bearish, with lower highs and lower forming.
2. Consolidation Phase: The price appears to be stabilizing after a drop, indicatiog potential accumulation or temporary support.
Key Support & Resistance:
1. Support: Around $18,812-1,777.
2. Resistance: Around 1,846-1,862.
Trading Volume: If volume increases on an upward move, it could signal bullish strength. Conversely, if price drops on high volume, the bearish trend may continue.
Next move possible:
1. Bullish Scenario: If $ETH holds above $1,836 and breaks above $1,846 with strong volume, it may push towards $1,860+.
Bearish Scenario: If it loses $1,836 support, ETH may retest $1,812 or even drop to 1,777.
3. Sideways Movement: If volume remains low, ETH may continue consolidating in a range between $1812-18846.
Finally, I request you to trade in it after doing your research and analysis.#BSCTrendingCoins #Binance $ETH
