📊 $ETHW

ETHW
ETHWUSDT
0.3236
-1.07%

/USDT Technical Analysis

Current Price: 1,964

24H Range: 1,903 – 2,015

24H Change: +0.84%

Volume: Strong (≈956M USDT)

🔎 Market Structure Overview

ETH is trading near the middle of its 24H range after bouncing from 1,903 support. Short-term momentum shows recovery, but broader trend pressure remains.

🟢 Support Levels:

1,903 – Immediate intraday support

1,880–1,900 zone – Strong demand area

1,747 – Major swing support

🔴 Resistance Levels:

2,015 – Immediate resistance (recent high)

2,050–2,100 zone – Heavy supply area

2,107 – Supertrend (10,3) → Trend still bearish until flipped

📉 Indicator Insights

🔸 Supertrend (10,3): 2,107

Price is below Supertrend → Higher timeframe trend still bearish.

A breakout and close above 2,110 would signal trend reversal.

🔸 Volume

Volume is healthy. The bounce from 1,900 had decent participation — not a weak move.

🔸 Short-Term Momentum

If ETH holds above 1,940–1,950, bulls may attempt another push toward 2,015–2,050.

🎯 Possible Scenarios

🟢 Bullish Scenario:

Break and hold above 2,015

Next targets: 2,050 → 2,100

Flip above 2,110 confirms stronger reversal

🔴 Bearish Scenario:

Rejection near 2,000–2,015

Breakdown below 1,900

Targets: 1,850 → 1,750

🧠 Summary

ETH is in a short-term recovery bounce but still below major trend resistance.

The 2,000–2,110 zone is the decision area.

If you’d like, I can also provide:

🔥 Scalping setup (15m/1h)

📈 Swing trade plan (4h/1D)

📊 Risk-managed entry/exit levels

Let me know your trading style.