$ETH Ethereum (ETH) at $1,800 – Is the Rally Running Out of Steam?

Ethereum has surged to $1,800 in the past 3 days. But as momentum builds, traders are asking: Will ETH continue to rise, or is a pullback imminent?

Technical Breakdown

RSI (~70): Approaching overbought territory, suggesting a short-term pullback might be on the horizon.

MACD: Bullish crossover confirmed, but momentum is flattening, signaling a potential slowdown.

Volume: Increased trading volume indicates strong buying interest, but the pace is decelerating.

Key Levels to Watch

Resistance: $1,850–$1,900 (critical resistance zone). A break above this could lead to a move toward $2,000.

Support: $1,750 (immediate support). If this level breaks, expect a potential drop to $1,700.

Smart Take for Traders

For Bullish Traders: If ETH breaks above $1,900 with high volume, the next target could be $2,000. Enter near $1,900, setting a stop-loss below $1,750.

For Bearish Traders: A failure to break the $1,850–$1,900 range could lead to a pullback to $1,750 or $1,700. Consider shorting below $1,750 with $1,700 as the target.

Plan:

Aggressive Traders: Look for breakout confirmation at $1,900.

Conservative Traders: Wait for a pullback to $1,750–$1,700 before entering with a target of $2,000 if the uptrend continues.

Keep an eye on $1,850–$1,900 for resistance and $1,750 for support

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