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Current Price: $1808.45.
General Trend: It's clear from the recent candles that there is selling pressure, especially after touching the lowest level at $1780.02 and then a weak rebound attempt.
Moving Averages:
The price is now below MA 7 (1817) and also lower than MA 25 (1830), which reinforces the negative outlook in the short term.
RSI (Relative Strength Index):
RSI(14) is at 46, which is close to the neutral zone but tends to weaken (below 50).
RSI(6) is at 41, reflecting additional selling pressure in the shorter term.
MACD:
Still in the negative zone (DIF -0.88 vs DEA 3.15), with a clear difference, indicating that selling momentum is still dominant.
Technical Levels:
Strong support around $1780-1775 (low of the last candle).
The first resistance at 1817 (MA 7) then 1830 (MA 25).
Summary:
Currently, the short-term trend is still bearish, especially with the price breaking the averages and RSI and MACD moving in weak zones.
If ETH fails to break above $1817, it may retest levels of $1780 or even $1775.
In case the support at $1780 breaks, we may see an acceleration in the decline towards $1750 or lower.