$ETH just kissed resistance near $2,880 before sliding back to $2,760, currently down about 1.8% over the last 24 hours. But here’s where things get interesting: the 15-min RSI hit 17 — deep in oversold territory. 👀
On the 1H chart, the MACD just flipped bearish, hinting at short-term downside pressure. Still, check those volume spikes on the dip — looks like the big players are quietly stepping in. 🐳
That said, the 4H trend is barely hanging on. Momentum’s weakening, and bulls? Kinda quiet right now.
🔍 Here’s what I’ve got my eye on:
$2,754 support — key level. If it holds, we could see a bounce back toward $2,800–2,820.
Lose that? Then we’re likely heading to the $2,670 range.
RSI needs to get back above 30 to confirm any bounce is legit.
A MACD bull cross on the lower timeframes could be the signal for reversal.
Is this a deeper correction or just ETH catching its breath? Let the charts do the talking. Just don’t chase — manage risk, stay sharp.
What’s your move from here? 👇
#ETH #CryptoWatch #EthereumAnalysis #Binance $ETH