$ETH /USDT Current Price: 2,105.23

24h Change: -0.94%

Trend Overview:
Ethereum is trading below all three short-term EMAs (EMA5, EMA10, EMA30), which are sloping downward and clustered between 2,107–2,116. This indicates bearish short-term momentum. Price recently bounced off the 24h low (2,087) but failed to reclaim moving averages.

MACD (12,26,9):

· MACD Line: -6.67 (bearish)
· DIF: -1.20
· DEA: 5.46
The MACD is below the signal line and in negative territory, confirming bearish momentum with no immediate reversal signal.

Key Levels:

· Resistance: 2,127.68 (near EMA cluster) / 2,155.93
· Support: 2,087.00 (24h low) / 2,070 (next psychological level)

Volume & Turnover:
24h volume (2.42M ETH) and turnover (5.10B USDT) are decent but not extraordinary, suggesting no panic selling or strong accumulation.

Outlook:
Bearish bias remains as long as price stays below 2,116. A break above 2,128 could shift momentum to neutral. Failure to hold 2,087 may lead to further downside toward 2,050.

Recommendation:
Wait for price to reclaim EMA5 or EMA10 with rising volume before considering longs. Shorts can be considered below 2,090 with tight stops above 2,120.
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