Description:
Ethereum (ETHUSD) is trading beneath a major 4-hour resistance zone around 2,015–2,030, where sellers continue to defend price aggressively. The recent recovery attempt has stalled inside this resistance area, while the broader market structure remains weak.
As long as ETH stays below the highlighted resistance zone, the bearish scenario remains favored. A rejection from current levels could trigger a move toward the 1,964 support target. Traders should closely monitor price action around resistance for confirmation of the next directional move.
Key Levels:
* Strong Resistance: 2,015 – 2,030
* Current Price: Around 2,002
* Target: 1,964
* Bullish Invalidation: Sustained 4H close above the resistance zone
Not financial advice
Ethereum (ETHUSD) is trading beneath a major 4-hour resistance zone around 2,015–2,030, where sellers continue to defend price aggressively. The recent recovery attempt has stalled inside this resistance area, while the broader market structure remains weak.
As long as ETH stays below the highlighted resistance zone, the bearish scenario remains favored. A rejection from current levels could trigger a move toward the 1,964 support target. Traders should closely monitor price action around resistance for confirmation of the next directional move.
Key Levels:
* Strong Resistance: 2,015 – 2,030
* Current Price: Around 2,002
* Target: 1,964
* Bullish Invalidation: Sustained 4H close above the resistance zone
Not financial advice
Professional Trader | Price Action & Risk Management. Sharing clear trade ideas. Consistency over hype.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Professional Trader | Price Action & Risk Management. Sharing clear trade ideas. Consistency over hype.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.