Ethereum sits $18.06 under the 1H SMA50 as Binance ESR nears a 3-month high

On May 19, 2026, ETH traded at $2,114.05 on the 1-hour chart, about $18.06 below the SMA50 at $2,132.11, with the SMA50 drifting down toward price. Binance’s Exchange Supply Ratio stayed around 0.0320, near its highest level since early February, while RSI read 44.94 versus a 47.18 signal line. The setup points to a near-term test where participation and momentum may determine whether resistance holds.