🚨 $ETH /USDT – Heavy Rejection from $1,834, Bears Drag Price Below $1,760! 🚨
Ethereum retraced sharply after tapping $1,834.86, now trading at $1,750.58, down -3.50% on the day. Despite a strong rally earlier, momentum has flipped, with bears taking control below key intraday levels.
Key Stats:
Current Price: $1,750.58
24H High: $1,834.86
24H Low: $1,722.90
24H Volume: 629,073 ETH / $1.12B USDT
Chart Analysis:
$ETH surged from a low of $1,537.26 but failed to hold gains above $1,830. The drop has been steady, with hourly candles showing clear lower highs and weakening bullish momentum. Price is currently stabilizing above short-term support near $1,720.
Watch Zones:
Resistance: $1,784 – Bulls must reclaim to regain control
Support: $1,722 – If broken, risk of deeper correction to $1,685
Trade Signal:
Entry Zone: $1,745 – $1,755
TP 1: $1,784
TP 2: $1,815
Final Target: $1,840
Stop Loss: $1,715
Pro Tip: Look for a bullish engulfing candle or volume surge near $1,720 before entering. ETH remains volatile—use risk-adjusted sizing.
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