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ETH COIN UPDATE
COI NAME :#ETH/USDT
Ethereum (ETH/USD) chart ๐ shows a bearish breakdown from a descending wedge pattern, signaling a continuation of the downtrend. The Fibonacci retracement levels provide possible areas of support and resistance. ETH broke below key support levels at $3,150, triggering a further drop. Next support zones lie around $2,955 (1.272 Fib) and $2,824 (1.618 Fib) ๐ป. The RSI is near oversold levels, hinting at a possible short-term relief bounce.
I can see pn this total3 chart ๐ is showing a breakdown from a descending triangle, leading to a sharp decline towards the support zone ๐ป. A descending resistance line (red) has continuously rejected price. Price has now dropped to a critical support zone (white trendline). RSI is oversold (24.50) ๐, suggesting a possible relief bounce from this zone. If support holds, we might see a strong recovery towards previous highs (1.6T-1.8T) ๐.
1๏ธโฃ Bullish Case: A bounce from the support zone, triggering a move back towards 1.5T-1.6T.
2๏ธโฃ Bearish Case: If support breaks, a deeper correction towards 1.1T may occur.
ETH iquidation heatmap ๐ฅ from Binance highlights key liquidation zones across different price levels. The price has been in a downtrend ๐, with high liquidation clusters (yellow) around $3,225 and $3,100, indicating strong resistance zones. A significant amount of liquidations (3.32M at $3,225) suggests that traders with high leverage positions got stopped out. The green and yellow bands represent areas where liquidity is concentrated, often acting as support or resistance. The price is currently around $2,900, a key support level.
Entry Price: 2852.4 or Market Price
1st TP ๐ฏ at $ 2904.0
2nd TP ๐ at $ 2954.5
3rd TP ๐ at $ 3029.2
$ETH
Important ๐
Click on my profile picture to join my live stream , for 2-3 free signal.
If you want premium signal you have to follow my live stream instruction.
This signal is only for spot if you want future signals join my binance live.
Just click on my profile to join my live.
Ethereum (ETH/USD) chart ๐ shows a bearish breakdown from a descending wedge pattern, signaling a continuation of the downtrend. The Fibonacci retracement levels provide possible areas of support and resistance. ETH broke below key support levels at $3,150, triggering a further drop. Next support zones lie around $2,955 (1.272 Fib) and $2,824 (1.618 Fib) ๐ป. The RSI is near oversold levels, hinting at a possible short-term relief bounce.
I can see pn this total3 chart ๐ is showing a breakdown from a descending triangle, leading to a sharp decline towards the support zone ๐ป. A descending resistance line (red) has continuously rejected price. Price has now dropped to a critical support zone (white trendline). RSI is oversold (24.50) ๐, suggesting a possible relief bounce from this zone. If support holds, we might see a strong recovery towards previous highs (1.6T-1.8T) ๐.
1๏ธโฃ Bullish Case: A bounce from the support zone, triggering a move back towards 1.5T-1.6T.
2๏ธโฃ Bearish Case: If support breaks, a deeper correction towards 1.1T may occur.
ETH iquidation heatmap ๐ฅ from Binance highlights key liquidation zones across different price levels. The price has been in a downtrend ๐, with high liquidation clusters (yellow) around $3,225 and $3,100, indicating strong resistance zones. A significant amount of liquidations (3.32M at $3,225) suggests that traders with high leverage positions got stopped out. The green and yellow bands represent areas where liquidity is concentrated, often acting as support or resistance. The price is currently around $2,900, a key support level.
Entry Price: 2852.4 or Market Price
1st TP ๐ฏ at $ 2904.0
2nd TP ๐ at $ 2954.5
3rd TP ๐ at $ 3029.2
$ETH
Important ๐
Click on my profile picture to join my live stream , for 2-3 free signal.
If you want premium signal you have to follow my live stream instruction.
This signal is only for spot if you want future signals join my binance live.
Just click on my profile to join my live.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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