📊 $ETHW

/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.