$ETH is trading around 1,842 after a strong sell-off from the 2,173 high.
Price swept liquidity near the 1,825 zone, where some buying reaction appeared, but the 1H structure is still bearish as ETH remains below the MA and fails to reclaim momentum.
📌 Key Levels:
Support: 1,825 – 1,800
Resistance: 1,880 – 1,950
📉 After such a sharp drop, a short-term relief bounce is possible if ETH holds above 1,825.
The increase in sell volume suggests panic selling, which often comes before a temporary bounce or consolidation.
🎯 Possible Long (Short-Term):
Entry: 1,825 – 1,860
TP1 (Near): 1,880
TP2 (Far): 1,950
SL: Below 1,790
⚠️ If 1,800 breaks, downside toward 1,750 – 1,700 cannot be ignored.
💬 Relief bounce or more downside?
Share your view 👇
🔁 Trade here:
$ETH #ETH #ETHUSDT #PerpTrading #CryptoAnalysis #Binance