ETHUSD: Supported for now on the 1M MA100.EthereumCRYPTO:ETHUSDInvestingScopeEthereum remains strongly bearish on its 1W technical outlook (RSI = 36.162, MACD = -336.250, ADX = 17.799) as it's been on a strong downtrend for the last 7 months. On the positive side it has managed to find support just over the 1M MA100, which formed the April 2025 bottom. On the negative side, it recently failed to cross back above the 1W MA200 and got rejected. The HL Zone from the June 2022 bottom is in support and as long as the 1M MA100 holds, Ethereum can for a long bottom here for the rest of the year. If the 1M MA100 breaks though, the S1 and S2 Zones should be tested. TP1 = 1,400 TP2 = 1,100. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##