🚨 $ETH /USDT – Critical Zone or Breakdown Ahead? 🔥
$ETH is trading at $2,540.31 (-0.53%), slipping below the mid-Bollinger band with growing bearish pressure. Can Ethereum hold support, or is a deeper dip in play? Let’s break it down!
📊 Market Overview
📍 Current Price: $2,540.31 (-0.53%)
📈 24h High: $2,599.00
❄️ 24h Low: $2,509.46
📊 Bollinger Bands:
‣ Upper: $2,582.60
‣ Mid: $2,555.07
‣ Lower: $2,527.54
📉 MACD Momentum:
‣ DIF: -0.10
‣ DEA: 2.69
‣ MACD: -2.79 (Bearish divergence forming—watch closely)
📈 ETH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If RTH holds above $2,530):
‣ Entry: Above $2,555
‣ Targets: $2,582, $2,621, $2,685
‣ Stop-Loss: $2,510
🔹 Bearish Scenario (If ETH breaks below $2,527):
‣ Entry: Below $2,520
‣ Targets: $2,500, $2,470, $2,442
‣ Stop-Loss: $2,555
🔍 Should You Hold or Exit?
⚠️ MACD is weakening fast—downside momentum building
✅ Lower Bollinger Band at $2,527 could act as short-term support
✅ A bounce above $2,555 would signal renewed strength
💡 Pro Tip:
Watch for a bounce from $2,530 with strong volume. If it fails, $2,500 may act as the next major demand zone.
📢 Holding or hedging? Drop your ETH strategy below!
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