📉 $ETH : Bulls on the Brink or Bears in Control?

Ethereum ($ETH ) is trading at $2,484, dipping -0.61% in the last hour. 📉 The recent wick down to $2,468 tested a key support level — and it held... for now. But with 66.8% of the order book in red, short-term sentiment is tilting bearish. 😬

🕵️‍♂️ Zooming out, $ETH is still flexing strong 30-day gains of +34.11%, signaling that the bigger trend may still favor the bulls. However, the hourly candles suggest hesitation, with lower highs forming — potential sign of a slow bleed or setup for a bounce.

🔑 Key Levels to Watch:

Support: $2,468 (recent low)

Resistance: $2,520–$2,540 zone

Volatility Watch: Over 351K ETH traded in the last 24h!

⚠️ If bulls can defend this zone and volume spikes, a recovery rally could be on the cards. Otherwise, a breakdown might drag ETH closer to $2,450.

🧠 Quick Tip: Momentum is cooling, so patience is your best position if you’re not scalping!

📢 Disclaimer: This is not financial advice. Crypto markets are volatile—always DYOR (Do Your Own Research) before making trading decisions.

#ETH #Ethereum #TradingInsights #TradingSignals #TechnicalAnalysis