$ETH /USDT – 1H Chart Analysis



Current Price: $2,194.22 (-2.89%)

Key Levels

· Resistance: $2,210 / $2,250 / $2,291
· Support: $2,183 / $2,163

Moving Averages (Bearish)

· EMA5: $2,206.39
· EMA10: $2,214.10
· EMA30: $2,231.60
Price is trading below all three EMAs. Bearish structure confirmed.

RSI (Oversold – Not Visible but Price Action Suggests Weakness)
Based on price drop and EMA structure, RSI(6) is likely in oversold territory (below 30).

Volume: 1.86M ETH ($4.09B turnover) – healthy volume during sell-off.

Outlook
ETH is in a clear downtrend on 1H. Price broke below $2,200 and is testing $2,183 support. EMA30 at $2,231 is now strong resistance. For any recovery, price needs to reclaim EMA5 at $2,206 first, then EMA10 at $2,214. If $2,183 breaks, next support is $2,163. A short-term bounce is possible given the extended move down, but trend remains bearish.

Bias: Bearish below $2,206.
#DailyPolymarketHotspot
ETH-1.74%
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BH_HELAL_44
· 4h ago
this is good post eth se. market is down
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