ETH/USD Technical Analysis (2H)

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ETH/USD Technical Analysis (2H)Ethereum / US DollarCOINBASE:ETHUSDMarketStrategysignals๐Ÿš€ ETH/USD Technical Analysis (2H) ๐Ÿ“Š Ethereum is currently trading inside a key reaction zone after rejecting the major resistance around $1,955. The recent bearish momentum suggests sellers remain in control, while price is attempting a short-term recovery. ๐Ÿ” Market Structure โœ… Strong rejection from the $1,955 resistance. โš ๏ธ Price is consolidating below resistance, indicating weak bullish momentum. ๐Ÿ“‰ The previous Fair Value Gap (FVG) has already been respected, and attention is now shifting toward the lower demand area. ๐ŸŽฏ Trading Outlook ๐Ÿ“ˆ A short-term bounce toward $1,885โ€“1,900 is possible if buyers gain momentum. ๐Ÿ”„ If this recovery fails, expect sellers to regain control. ๐ŸŽฏ Main bearish target remains the Order Block around $1,780โ€“1,790. ๐Ÿ“Œ Key Levels ๐Ÿšง Resistance: $1,955 ๐Ÿ“ Immediate Resistance: $1,890โ€“1,900 ๐ŸŸก Order Block (Target): $1,780โ€“1,790 ๐Ÿ›ก๏ธ Major Support: $1,710 ๐Ÿง  Conclusion The overall bias remains bearish below $1,955. A temporary pullback may occur, but unless buyers reclaim the major resistance, the probability favors a continuation toward the Order Block. Patience and confirmation remain essential before entering a trade. ๐Ÿ“‰๐Ÿ”ฅ