🚨 $ETH Market Update ⚠📉
📍 Current Price: $1,824
📊 Resistance: $1,900 - $1,850
📉 Support: $1,775
As we mentioned in our previous post ETH has bounced from our mentioned support area at $1,775 and now moving towards resistance area at $1,850. If ETH breaks this level we can expect a price to go towards next resistance has previously acted as a demand zone, making it crucial for the next price reaction.
🔍 Possible Scenario:
✅ If ETH breaks the $1,850 level and holds, a bounce towards $1,910 can be expected.
✅ Failure to hold this support could trigger a further drop towards lower levels.
📈 Market Volatility & Volume:
As ETH approaches a critical support level, volatility is likely to increase. Watch for price action confirmation before deciding the next move.
🚀 Stay sharp & trade wisely!
