ETHUSDT is approaching a well-defined support zone, an area that has repeatedly attracted buyers and produced strong bullish reactions over the past few sessions. This demand zone has consistently prevented deeper declines, making it a critical level to monitor.
If buyers defend this area once again and price begins to print bullish confirmation—such as strong rejection wicks or a bullish reversal candle—the current pullback could turn into another recovery. In that case, ETHUSDT may advance toward 1,935, the next significant resistance on the chart.
Just my view on support and resistance zones—not financial advice. Always wait for confirmation and manage your risk carefully. Best of luck!
If buyers defend this area once again and price begins to print bullish confirmation—such as strong rejection wicks or a bullish reversal candle—the current pullback could turn into another recovery. In that case, ETHUSDT may advance toward 1,935, the next significant resistance on the chart.
Just my view on support and resistance zones—not financial advice. Always wait for confirmation and manage your risk carefully. Best of luck!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.