📊 Market Pulse: ETH & SOL – Pressure or Potential?
The market’s moving and traders are watching 👀...
🟣 $ETH is hovering around $2,484, down 0.61% on the 1H chart. Despite a recent dip to $2,468, ETH showed resilience with a recovery candle, though selling pressure dominates with 66.8% of the order book in red. Short-term traders might eye support near $2,460, while bulls hope for a bounce toward the $2,520 resistance.
🔥 30-day growth still looks strong at +34.11% – don't sleep on the longer trend!
🟠 $SOL is dancing around $153.79, up +0.74% but under pressure after peaking at $158.93. It's now cooling off with selling momentum at 56.63%. Key support at $150.59 held firm yesterday, so we could see consolidation or another test if sentiment weakens.
🚨 30-day gain? Only +2.65% — but with volatility like this, traders might find juicy scalping opportunities.
🧠 Trader Insight:
$ETH shows bullish strength long-term, but bears are testing short-term resolve. SOL’s bounce was decent, but caution is advised with the weakening trend on the hourly.
🔍 Stay sharp, watch volume shifts, and mind those key support zones!
📢 Disclaimer: This content is for educational and informational purposes only. It does not constitute financial or investment advice. Always DYOR (Do Your Own Research) and consult a professional before making any trading decisions.