🔔 Breakdown Alert! Support Zone Under Test 🧨

Current Status (ETH):

• Price: $2,549

• Trading close to its 24-hour low of $2,533

• RSI (Relative Strength Index) has dropped to 32.10 → This means ETH is almost oversold, and sellers are currently in control.

• Volume is strong:

• 725,000 ETH traded

• Equivalent to $1.89 billion USDT

→ This shows high selling pressure.

🛡️ Support Level to Watch:

• As long as ETH holds above $2,500–$2,533, it’s considered relatively safe.

• If ETH breaks below $2,533 with a red candle and high volume, the next support zones are likely at:

• $2,480

• $2,420

📈 Bullish Scenario:

• If ETH reclaims $2,600 and holds above it, a quick bounce is possible toward:

• $2,648

• $2,675

⚠️ Key Technical Insight:

• Weakness is dominant right now.

• Only consider a short position if the breakdown is confirmed (strong red candle + high volume).

• RSI is very low, meaning there is a chance of fakeouts (false breakdowns or bounces).

💡 Pro Tip:

Be patient. Wait for a clear confirmation before making any move — especially in volatile conditions like this.

Click to trade on : $ETH