ETH/USDT – Daily Chart Analysis
The market is in a clear bearish trend.
Price is trading below the descending trendline, confirming seller dominance.
Strong support at $2,500 has been cleanly broken.
Current price is hovering near the $2,250–2,300 demand zone, showing weak bounce attempts.
Resistance:
$2,500 (major flip level)
$2,900–3,000
$3,300–3,400 (trendline resistance)
Support:
$2,250–2,200 (immediate)
$1,900
$1,420 (macro support)
$1,020 (extreme downside)
Daily close above $2,500 → possible relief rally toward $2,900–3,300.
The market is in a clear bearish trend.
Price is trading below the descending trendline, confirming seller dominance.
Strong support at $2,500 has been cleanly broken.
Current price is hovering near the $2,250–2,300 demand zone, showing weak bounce attempts.
Resistance:
$2,500 (major flip level)
$2,900–3,000
$3,300–3,400 (trendline resistance)
Support:
$2,250–2,200 (immediate)
$1,900
$1,420 (macro support)
$1,020 (extreme downside)
Daily close above $2,500 → possible relief rally toward $2,900–3,300.
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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.