$ETH /USDT – Gate Market Pulse

$ETH is sliding around 2792, trying to stabilize after a steady wave of selling. Price remains under all major moving averages, showing that momentum still favors the downside.

Support Zones:
• 2780 – first intraday floor
• 2735 – major short-term defense

Resistance Zones:
• 2858 – immediate ceiling
• 2920 – trend-shift barrier

Market View:
MACD remains deeply negative, and every bounce is fading quickly. This tells us buyers are hesitant while sellers maintain control. A clean break below 2735 could trigger another leg toward 2670, while only a breakout above 2920 can reset the trend.

Trading Plan:
• Buy Entry: 2738–2755 for a short rebound attempt
• Sell Entry: 2855–2875 to ride continuation pressure

Next Move:
Watch 2735 closely. Losing this zone invites stronger volatility. Reclaiming 2920 is the first sign of breathing room for bulls.

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