ETH/USDT – Daily Chart Analysis
The market is in a clear bearish trend.
Price is trading below the descending trendline, confirming seller dominance.
Strong support at $2,500 has been cleanly broken.
Current price is hovering near the $2,250–2,300 demand zone, showing weak bounce attempts.
Resistance:
$2,500 (major flip level)
$2,900–3,000
$3,300–3,400 (trendline resistance)
Support:
$2,250–2,200 (immediate)
$1,900
$1,420 (macro support)
$1,020 (extreme downside)
Daily close above $2,500 → possible relief rally toward $2,900–3,300.
The market is in a clear bearish trend.
Price is trading below the descending trendline, confirming seller dominance.
Strong support at $2,500 has been cleanly broken.
Current price is hovering near the $2,250–2,300 demand zone, showing weak bounce attempts.
Resistance:
$2,500 (major flip level)
$2,900–3,000
$3,300–3,400 (trendline resistance)
Support:
$2,250–2,200 (immediate)
$1,900
$1,420 (macro support)
$1,020 (extreme downside)
Daily close above $2,500 → possible relief rally toward $2,900–3,300.
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