$ETH USDT – 1H PRO TRADER UPDATE
Price: 1,971
24H Change: -5.2%
Structure: Bearish breakdown
MARKET OVERVIEW
ETH has broken down from the 2,080–2,100 supply zone and lost all key short-term moving averages. Price is trading below MA7 (2,010), MA25 (2,059), and MA99 (2,008). That alignment confirms short-term bearish control.
The strong red impulse candle toward 1,957 shows aggressive selling pressure. Volume expansion on the dump confirms this is not a weak pullback but a momentum-driven move.
Right now, ETH is attempting to stabilize near 1,960–1,970 demand zone.
KEY SUPPORT
S1: 1,957 (recent low)
S2: 1,950 (psychological support)
S3: 1,920 (next major demand zone)
If 1,950 breaks cleanly, downside can accelerate.
KEY RESISTANCE
R1: 2,008 (MA99 resistance)
R2: 2,050 (strong supply zone)
R3: 2,080 (major breakdown level)
Any bounce into 2,000–2,050 area faces heavy selling pressure.
NEXT MOVE EXPECTATION
If ETH holds above 1,950 and forms higher low, we may see relief bounce toward 2,000–2,020.
If 1,950 fails with volume, next move likely toward 1,920.
TRADE TARGETS (Educational Setup)
Short Bias Setup:
Entry: Rejection near 2,000–2,010
TG1: 1,950
TG2: 1,920
TG3: 1,880
Stop Idea: Above 2,050
