๐จ $ETH Price Alert โ Bears in Control! ๐ป๐Bearish Momentum Building:eyes on $2,165 next.
Ethereum is sliding fast! As of now, $ETH is trading at $2,281.79, marking a sharp -5.40% drop in the last 24 hours. ๐ป
๐ Key Technical Insights:
๐ 24h Low: $2,216.00
๐ 24h High: $2,448.80
๐ง Moving Averages:
MA(7): $2,440.61
MA(25): $2,544.62
MA(99): $2,136.51
๐ MACD: Still deep in bearish territory with a MACD of -45.69 and DIF at -29.55
๐ฏ๏ธ Price sharply rejected near $2,879 and dropped to new local lows.
๐ฅ Support Levels:
Major support was tested at $2,216, if broken again โ eyes on $2,165 next.
๐ Bearish Momentum Building:
Red candles dominating the chart ๐
Volume confirms selling pressure ๐
Death cross looming as MA(7) & MA(25) slope downward โ ๏ธ
๐ Watch closely: If bulls canโt reclaim $2,352.50+, ETH could bleed lower. A bounce from the $2,200 zone could offer a temporary relief rally โ but caution is key. ๐งจ
๐ Stay sharp, trade smart. Set alerts, protect your capital, and avoid FOMO! ๐๐ง
