ETH/USDT – Bearish Rejection from Resistance ZoneETH/USDT – Bearish Rejection from Resistance Zone 🚨🧱
The chart reflects a clear bearish structure for Ethereum (ETH/USDT), presenting multiple rejection signals from the resistance zone (~$2,750 - $2,850) marked by red arrows. Here's the breakdown:
🔴 Resistance Zone
Price attempted to break above this zone three times, each met with a sharp rejection.
This indicates strong seller dominance and confirms the zone as a solid supply area.
📉 Current Market Structure
After the last rejection, ETH broke below minor support, turning structure bearish.
Price is currently trading around $2,529.69, forming lower highs and lower lows – a textbook downtrend.
🟢 Support Zone Target
The price is expected to move downward toward the support zone (~$2,250 - $2,300).
The projection drawn on the chart suggests further selling pressure before any potential reversal.
📊 Conclusion
Unless ETH reclaims the resistance zone, the bearish bias remains strong. A move to the support zone looks likely in the near term, where buyers may reassess the market.
📌 Trade Note:
Resistance holds ➡️ look for short entries 📉
Support approaches ➡️ prepare for potential bounce or consolidation
Ethusdtshort
Ethereu ETHUSDT Price Outlook: Key Resistance at 2005–2055 Level"On the Daily Time Frame, the levels 2005.00 and 2055.21 are key resistance zones. If the price approaches this area, there is a high probability of rejection. Should the market show bearish confirmation on the 1-hour time frame from this region, it may indicate a potential move lower—possibly to hunt liquidity near the trendline around 1730. Further downside could lead the price into the demand zone between 1600 and 1500, where it may find support."
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ETHUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDETHUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
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ETHUSDT Short to medium Term sellETHUSDT on 4 hrs. chart is showing resistance.
Technical Analysis:
1. Backtesting within the last 7 days shows that there are no specific patterns in the MACD, RSI, BOLL, and KDJ indicators.
2. Backtesting within the last 30 days also shows no specific patterns in the MACD, RSI, BOLL, and KDJ indicators.
3. The BOLL support price is $2,476.42, and the BOLL resistance price is $2,513.27.
ETHEREUM/USDT 4HOUR UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE!
ETH/USDT is now trying to break the $1420-$1460 resistance area. If eth is able to break this resistance, we will see a move towards the key $1750 resistance area. If eth gets rejected from here, we will see another test of $1250.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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ETH could hit 245 dollorETH is following ascending channel since its last fall to 86 dollars, On 30th April it tried to break out upward channel resistance but unable sustain the movement and thereafter it is moving downward with slight resistance of trend line that is depicted with green color. The white lines are Fibonacci retrenchment level 0.5,0.61,0.786 that represents 187, 211, 245 level respectively,the price is facing resistance from 211.
If price breaks that level it will hit 245 level within next 2 to 3 days , buy it at 215 with volume confirmation