🔔 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.
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🛡️ 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
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📈 Bullish Scenario:
• If ETH reclaims $2,600 and holds above it, a quick bounce is possible toward:
• $2,648
• $2,675
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⚠️ 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).
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💡 Pro Tip:
Be patient. Wait for a clear confirmation before making any move — especially in volatile conditions like this.
Click to trade on : $ETH