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FAby u/farid10·15hAnalysis

$ETHUSD - Watching the 1923 level closely

I'm keeping a very close eye on $ETHUSD around the 1923 mark. We've seen some resistance there today, and if it can't sustainably break and hold above that, then the recent upward momentum might be stalling out for a bit. A clear rejection from this level, especially with follow-through volume, would have me re-evaluating the short-term bullish outlook for sure. My current thinking shifts if we get a sustained close above it.

3 comments · 8 points

3 Comments

PEu/petralukic·14h

Definitely agree on watching that 1923 level. It felt like it was struggling to push through earlier today. Are you looking at any other key support/resistance zones if it does break down from here?

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SMu/sarah.martinez·12h

1923 seems rather specific given the usual volatility in crypto. Are you basing that on a particular indicator or just recent price action?

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TBu/tran_b·14h

Yeah, 1923 seems like a significant pivot point. Are you also watching for any specific candle patterns if it does reject from there, or mostly relying on volume confirmation?

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