$ETH /USDT – Brutal Dump or Bounce Incoming?

📉 Current Price: $1,465.80 (-18.60%)

🔍 Market Structure:

ETH has just experienced a major breakdown, wiping nearly 20% off its value. After tagging the $1,411 support, it's showing early signs of a relief bounce.

⚔️ Key Levels:

• Immediate Resistance: $1,490 / $1,530

• Critical Support: $1,440 / $1,411

• Breakout Watch: $1,500+ reclaim for a sustained bounce

📊 Sentiment Insight:

• Heavy liquidation & panic across majors

• ETH holding above $1,440 could spark a squeeze

• Weak bounce = potential continuation to $1,350–1,300 zone

💡 Pro Tip:

Don’t FOMO the first green candle. Wait for structure reclaim above $1,500 or short the lower highs if rejection confirms.

Follow for live updates, bounce plays & trap warnings!

$ETH

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