$ETH /USDT

ETH/USDT Market Overview

MetricValueCurrent Price$2,277.69 (-6.58%)24h High$2,448.8024h Low$2,216.0024h Vol (ETH)653,071.0724h Vol (USDT)$1.51B

🧠 Key Observations

Strong Sell-Off: -6.58% marks a sharp intraday correction.

Range Compression: Price is moving near the daily low, indicating persistent bearish momentum.

High Volume: Over $1.5B in USDT shows strong participation in this move, not a false drop.

📊 Order Book Levels (Depth Snapshot)

ZonePrice RangeSignificance🔼 Resistance$2,395 – $2,448Heavy sell zone, likely rebound ceiling🟡 Current$2,277.69Testing support; buyers may step in🔽 Support$2,216Key daily low; break = deeper drop risk

📉 Technical Sentiment

IndicatorInterpretation📉 Short-term TrendBearish (Lower highs, lower lows)📊 VolatilityElevated — wide 24h range (~$230)🔻 MomentumDownward — no signs of exhaustion yet

🎯 Trading Ideas

🔴 Bearish Scenario (Breakdown Trade)

Entry: On breakdown below $2,216

Target: $2,120 – $2,050

Stop-loss: Above $2,310

🟢 Reversal Scenario (Oversold Bounce)

Entry: If price holds $2,216 and shows volume-supported bounce

Target: $2,360 – $2,400

Stop-loss: Below $2,180

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