š„ $ETH /USDT ā AT CRITICAL ZONE! WILL ETH BOUNCE OR BREAK? ā”
Ethereum is currently trading at $2,516, down -1.86%, and hovering just above the lower Bollinger Band ($2,468) ā a key support level for short-term traders! š§
With a 24h low of $2,453 and a high of $2,567, ETH is stuck in a tight range ā a breakout is coming! šØ
The mid-Bollinger Band sits at $2,558, making it a short-term resistance level. š
Price rejection from the upper band ($2,649) earlier this week suggests short pressure building. š£
However, strong volume at $1.49B indicates bulls are still watching closely. š
š Trade Setup Ideas:
š“ Short Entry: $2,520ā$2,540
šÆ TP1: $2,470
šÆ TP2: $2,430
š SL: $2,575
š¢ Long Entry (on bounce confirmation): $2,460ā$2,480
šÆ TP1: $2,555
šÆ TP2: $2,600
š SL: $2,420
āļø ETH is at the crossroads ā are you ready for the next move?
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