$ETH dropped to support area $2,406 🚨

Currently, ETH/USDT is still within a descending channel and is held at Fibonacci level 1.0 ($2,430).

📊 Is this a short-term rebound signal or just a minor correction before continuing down?

Important levels to break through:

⚠️ $2,447 (Fibo 0.786)

🚀 $2,470 (Fibo 0.5) for validation of reversal

#ETH #cryptouniverseofficial #Binance #Write2Earn #TradingCommunity