$ETH JUST PLUNGED WILL $2,452 HOLD OR CRACK?
$ETH /USDT dropped sharply from $2,738.50 to a low of $2,452.60, losing over -10% in a consistent downtrend. The price is currently hovering around $2,480 with no solid recovery signs yet.
Key Breakdown Alert Downside Pressure Mounting
• Immediate Support: $2,452
• Next Support Zone: $2,390
• Major Resistance: $2,536 – $2,609
• Bearish Pressure: 76.40% (4h Order Book)
Despite $ETH a strong 1h bid strength at 86.83%, the 4h chart paints a different picture sellers dominate, and momentum is weak. If bulls fail to hold above $2,452, expect a deeper pullback.
Pro Tip: Wait for a strong bullish reversal candle above $2,500 or confirmation near $2,452 support before considering entries. Stay cautious ETH still looks heavy.