๐จ ETHUSDT Market Update โ ๏ธ
๐ Current Price: $1823
๐ Previous Resistance (Now Support): $1750
๐ Immediate Resistance: $1870
๐ Support Zone Below: $1685
$ETH is consolidating just under the 1870 resistance zone after a strong bullish rally. Price continues to range within the marked supply area, showing signs of temporary exhaustion as it awaits a decisive move.
๐ Key Observations:
๐ข ETH structure remains bullish after reclaiming the $1685 support area
๐ข Price is tightly consolidating under the $1870 resistance level
๐ข A clean breakout above $1870 may open the door toward the $1950 supply zone
๐ข If rejected from current levels, $1685 remains the key demand area to watch for bullish interest
๐ Market Volume:
Today is Saturday and volume remains relatively calm as the weekend begins. No major economic events are scheduled, so technicals are expected to guide price action.
โ Trade Smart:
ETH is at a major supply level. Patience is key โ look for either breakout confirmation or a retracement into the 1685 demand zone for possible long setups.
