📈 $ETH Manager Update 🚨 Manager Update | ETH ETH recorded a $143K short liquidation around $1,878.84, showing bullish momentum as short sellers were forced out. Monitor resistance for a possible breakout. Manage risk with a stop-loss and never chase sudden pumps. Smart entries always beat emotional trades. $ETH ‌#GateStocksZeroFees #USD1StakingEarnUpTo8%APR #GateCardUpTo8%Cashback #GUSDYieldRisesto3.8%

ETH lived up to expectations, breaking 1885 and dropping to the prior low in the first 18s. It is currently at 1872.27. If it continues to slide, it may hit 1860—friends. $ETH ‌

Technical Outlook: ETH Tests Near-Term Resistance While Recovery Structure Builds Ethereum (ETH) is trading around $1,888, extending its gradual recovery from the June lows. Price has reclaimed the 20 EMA and 50 EMA, but continues to trade below the 100 EMA and 200 EMA, suggesting that while short-term momentum is improving, the broader trend remains cautious. RSI has moved above the neutral 50 level, reflecting strengthening bullish momentum. 📈 EMA Structure 20 EMA: $1,874.28 50 EMA: $1,849.99 100 EMA: $1,931.91 200 EMA: $2,170.29 ETH is holding above the 20 EMA and 50 EMA, indicating improving short-term strength. However, the 100 EMA ($1,931.91) remains the next major resistance. A successful break above this level would strengthen the recovery outlook and open the door toward the 200 EMA ($2,170.29). 📐 Fibonacci & Market Structure ETH continues to consolidate just below the $1,900–1,925 resistance zone after recovering from the 0 Fibonacci level near $1,556. The broader structure remains constructive as long as price holds above the recent higher lows. However, ETH must reclaim the 0.236 Fibonacci level at $2,315.21 to confirm a larger bullish trend reversal. Bullish Targets $1,931.91 (100 EMA) $2,170.29 (200 EMA) $2,315.21 (0.236 Fibonacci) Bearish Scenario Losing $1,874 would weaken short-term momentum. A break below $1,850 could send ETH back toward the $1,780–1,800 support zone. 🧠 ICT / Smart Money View ETH continues to form higher lows, suggesting accumulation after the June liquidity sweep. Liquidity remains clustered above the recent consolidation highs around $1,900–1,930. A decisive breakout above this zone could trigger a stronger expansion toward higher resistance levels. 📉 RSI Momentum RSI (14): 53.70 RSI has moved above 50, indicating improving bullish momentum without entering overbought territory. Sustaining above this level would support further upside. 📊 Key Levels 🔴 Resistance $1,931.91 (100 EMA) $2,170.29 (200 EMA) $2,315.21 (0.236 Fibonacci) 🟢 Support $1,874 (20 EMA) $1,850 (50 EMA) $1,780–1,800 demand zone 📌 Final Outlook ETH is showing signs of recovery after reclaiming its short-term moving averages. As long as price remains above the 20 EMA and 50 EMA, buyers retain a slight advantage. However, a confirmed breakout above the 100 EMA ($1,931.91) is needed to strengthen the bullish case. Overall Bias: Neutral to bullish, with momentum improving while ETH holds above $1,850, but confirmation requires a breakout above $1,932. $ETH ‌