Ethereum is trading near a key support area, but buyers appear to be losing momentum.
Ethereum is trading near a key support area, but buyers appear to be losing momentum.
As long as price remains below 1,665, bearish pressure may continue. A rejection from this level could trigger further downside, with sellers potentially pushing the price toward the next support zone.
A break and sustained move below the support zone could increase selling pressure and lead to a continuation of the bearish trend.
📌 Timeframe: 15-Minute Chart
This analysis is for educational purposes only and should not be considered financial advice. Please do your own research and always manage your risk.
💬 Do you think sellers will stay in control, or are buyers preparing for a reversal? Share your thoughts below.
#ETHUSD #Ethereum #Crypto #PriceAction #TechnicalAnalysis #Trading #SupportAndResistance
Ethereum is trading near a key support area, but buyers appear to be losing momentum.
As long as price remains below 1,665, bearish pressure may continue. A rejection from this level could trigger further downside, with sellers potentially pushing the price toward the next support zone.
A break and sustained move below the support zone could increase selling pressure and lead to a continuation of the bearish trend.
📌 Timeframe: 15-Minute Chart
This analysis is for educational purposes only and should not be considered financial advice. Please do your own research and always manage your risk.
💬 Do you think sellers will stay in control, or are buyers preparing for a reversal? Share your thoughts below.
#ETHUSD #Ethereum #Crypto #PriceAction #TechnicalAnalysis #Trading #SupportAndResistance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.