𩸠$ETH /USDT Dips -5.54% ā Is This the Bottom or Just the Beginning? š©ø
$ETH is trading at $2,287.57, down sharply by -5.54%, following a deep retracement from its 24h high of $2,448.80.
Currently sitting below all major EMAs:
EMA(7): $2,343.95
EMA(25): $2,440.72
EMA(99): $2,528.93
This structure shows bearish momentum, but the $2,216 low is acting as short-term support.
Massive volume at 1.48B USDT suggests whales might be watching this zone closely.
If bulls hold the $2,200 level, a relief bounce could follow.
ā Trade Setup ā LONG (Bounce Play)
šÆ Entry: $2,287
šÆ TP1: $2,340 | TP2: $2,400 | TP3: $2,475
š” Stop Loss: $2,190
ā ļø ETH correction may just be an opportunity in disguise ā stay alert for a reversal trigger!