ETH/USDT Daily Chart Breakdown
Right now, ETH is sitting just below a pretty strong resistance zone, that grey box you see around the $1,850 area. Price has tested it a few times but hasn’t been able to break through with strength.
That Means Sellers are active there.
It’s basically in a make or break zone.
If ETH can close strong above that resistance (not just wick above), then I’ll be watching for a retest of that zone as new support that’s where I’ll consider longing, targeting the $2K zone.
But if it keeps rejecting or we see one of those classic fakeouts where it spikes up and drops hard then I’ll expect it to dump toward the red zone around $1,537. That’s a key daily support where I think buyers could step in again.
So in short:
•Above $1,880 and holding? I look for a long.
•Still rejecting? I stay out or look to short back to $1,537.
Let the market decide my job is just to react.
They suspended a legend. @kararesurrect called out the scammers and was mass reported by @LadyOfCrypto1's team. Freedom of speech on @X doesn't apparently apply if you speak out against the #crypto scammers.