$ETH /USDT – 1H Chart Analysis



Current Price: $2,118.96 (-2.97%)

Key Levels

· Resistance: $2,120 / $2,129 / $2,152
· Support: $2,107 / $2,077

Moving Averages (Strongly Bearish)

· EMA5: $2,120.52
· EMA10: $2,129.96
· EMA30: $2,157.22
Price is trading below all three EMAs. Large bearish gap.

RSI (Not visible, but price action suggests extreme oversold – likely below 20)

Volume: Not specified, but significant drop from $2,197 high.

Outlook
ETH has broken down sharply, now testing $2,118. Price is far below EMA30 at $2,157, confirming strong bearish momentum. RSI is likely extremely oversold (below 20). A short-term bounce is highly likely toward $2,120–$2,129 (EMA5/EMA10 zone). However, the trend remains bearish. For any reversal, price needs to reclaim EMA5 at $2,120 first. Support at $2,107 must hold; otherwise, next support is $2,077.

Bias: Bearish but extremely oversold. Expect a bounce soon.
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ETH-3.45%
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BH_HELAL_44
· 1h ago
eth jast 2-3 day wait agin up 2400
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