Ethereum
Short

ETH/USDT Technical Analysis: Key Levels and Potential Price Move

588
ETH/USDT Technical Analysis Alert

Current price: 1870

Key levels:

Support: 1800, 1705, 1619, 1476
Resistance: 1880, 1930-1950 (red box area)
Recent bounce off the 1800 support level, approaching 1880 resistance. A break above this level could lead to a test of 2500, while a break below support could result in a drop towards 1550 as per the head and shoulders pattern on the chart.

Traders, keep a close eye on these key levels and adjust your positions accordingly. Stay vigilant!

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