I'm watching $ETH closely—just crashed to $1,602, down -9% in a day. Brutal drop, but signs of a bounce are creeping in.
Now: tiny green candle forming off strong support.
Stoch RSI: 3.22 – oversold hard.
30D drop: -25.89%—but this wick could mean sellers are tired.
Key levels:
Hold above $1,620 = possible bounce
Reclaim $1,685–$1,700 = short-term flip
Smart play:
Confirmation above $1,635
Entry: tight stop under $1,600
Target: $1,685–$1,720
I’m not rushing, but if this holds, I’m ready to strike.
ETH’s not dead—just catching its breath.