Will ETH recover from this drop of the last few days? 📉.
ETH attempted a bounce from the support zone ($2,110–$2,200).
The price is below the previous consolidation channel (~$2,360).
The downtrend line remains intact and ETH has not broken it yet, although it is close.
Slightly elevated volume on the bounce (moderate positive signal).
✅ Positive signals:
Immediate reaction after hitting this key zone ($2,111 minimum of 24h).
RSI likely recovering (although strength has not yet been confirmed).
A good bounce volume is very possible 🚀
⚠️ Warning signals:
Still in a bearish zone until it breaks $2,360 with strength.
It could just be a technical pullback before continuing down if it does not break the downtrend.
What to do with ETH now?
Only trade if there is confirmation of strength.
Buy only if it breaks $2,360 with volume (and even better if it exceeds $2,400).
In the meantime, you can observe or do scalping with short stops if you know how to manage risk.
Stop if it falls below $2,200 again.
#BinanceAlphaAlert #ETH🔥🔥🔥🔥🔥🔥 #Ethereum #Community