🔥$ETH Fallen back to 1769, can the critical level of 1760 hold?

ETH is moving weaker along with the broader market, dropping about 1.8% in 24 hours, now at 1769, with the intraday focus steadily shifting downward.

Looking at the 15-minute chart: price oscillated from the high of 1810 and then fell back, with the lowest dip to 1760 (also the 24-hour low), just now stabilizing with a slight rebound near this level. Currently stuck below the 1780 rebound neckline and the 1794 central zone, with the daily EMA20 (around 1794) also pressing down from above. In the short term, it’s a bearish oscillation with weak rebounds; 1760 is the near-term critical level for bulls and bears.

【Intraday Trading Ideas · For Reference Only, Not Trading Signals】

For those looking to catch the rebound: don’t rush to buy the dip. Wait for a pullback to the 1760 support level without breaking it, and for a signal of stabilization on the 15-minute chart before lightly entering long positions, with a stop loss at 1755. The first target is the 1780 rebound neckline.

For those considering a breakout: wait until volume increases and the price stabilizes above 1780 before chasing longs, targeting the 1794 central zone / 1801. Stop loss at 1773. Do not chase if it cannot hold above.

For those aiming to sell high or stay on the sidelines: if the rebound cannot break through the resistance zone between 1780 and 1794, consider a light short position, with a stop loss at 1799, targeting a return to 1760.

For existing positions: if long positions lose the 1760 level, reduce your position discipline-wise and avoid holding through. For shorts near 1760, take partial profits and avoid greed.

【Key Intraday Levels】
🔴 1810 Daily high · Strong resistance
🟡 1801 24-hour opening price
🔵 1794 Central zone · Daily EMA20
🔴 1780 Rebound neckline
🟢 1760 24-hour low · Support level

One sentence summary: Keep positions light, set stop losses first, and if 1760 holds, there’s a chance for repeated battles. If it breaks decisively, don’t add against the trend. Position size and mindset are more important than the direction—take it slow. #Gate现货交易量增幅全球第一 #TradFiCFD黄金大师赛