๐ $ETH 4H Market Update
ETH price was rejected from the $1,915โ$1,930 supply zone and is now around $1,892, trading below the key $1,900 level.
If ETH fails to reclaim and hold above $1,900, the market could remain range-bound.
๐ผ Upside Levels โข $1,915โ$1,930 โ First resistance / supply zone
โข $1,940โ$1,965 โ Next resistance zone
๐ฝ Downside Levels โข $1,850 โ Key support
โข $1,810โ$1,840 โ Demand zone if $1,850 fails
โข $1,710โ$1,750 โ Next major downside zone
โ ๏ธ PPI data at 6:00 PM could bring increased volatility and potentially trigger a clean move out of this range.
Wait for confirmation. Don't force a trade inside the range. ๐
ETH price was rejected from the $1,915โ$1,930 supply zone and is now around $1,892, trading below the key $1,900 level.
If ETH fails to reclaim and hold above $1,900, the market could remain range-bound.
๐ผ Upside Levels โข $1,915โ$1,930 โ First resistance / supply zone
โข $1,940โ$1,965 โ Next resistance zone
๐ฝ Downside Levels โข $1,850 โ Key support
โข $1,810โ$1,840 โ Demand zone if $1,850 fails
โข $1,710โ$1,750 โ Next major downside zone
โ ๏ธ PPI data at 6:00 PM could bring increased volatility and potentially trigger a clean move out of this range.
Wait for confirmation. Don't force a trade inside the range. ๐