๐ $ETH Shows Signs of a Bounce After Brutal Drop โ Will Bulls Step In Now? ๐ง
๐ธ Live Price (Binance): $2,422.85
๐ 24h Drop: -7.02%
๐ Technical Analysis (15m Chart):
๐ $ETH dropped sharply from $2,630 to a low of $2,381.49 before consolidating
๐ข A "B" (buy) signal was triggered near the bottom, with price stabilizing just above the 7 EMA ($2,419.82)
โ ๏ธ MA(25) ($2,435.71) is acting as current resistance; ETH needs to reclaim this level to confirm a short-term reversal
๐ MA(99) sits higher at $2,560.38, which could act as a major ceiling if bulls push forward
๐ Volume remains relatively low โ bulls need strength for continuation
๐ Trade Signal:
๐ธ Long Entry: Above $2,436 with confirmation
๐ธ Short Entry: Below $2,400 if rejection continues
๐ก๏ธ Stop-Loss: $2,370 (long) / $2,455 (short)
๐ฏ Target Zones:
Upside: $2,478 โ $2,533
Downside: $2,369 โ $2,320
๐ $ETH is holding a potential base โ a breakout over the pink MA could kick off a bullish move. Watch closely!
#ETHsignal ๐ง #AltcoinAlert ๐ #CryptoMoves ๐ #EthereumStrategy ๐ฅ #BinanceTrade ๐ฑ