๐จ $ETH /USDT โ Blood on the Charts or Prime Bounce Zone? RSI at 8.96! ๐ฑ๐
#Ethereum is collapsing to $2,484.88 (-3.42%), slicing through supports with heavy sell pressure. With RSI at a staggering 8.96, ETH is in rare oversold territory. Will bulls step inโor is $2,300 next?
๐ Market Overview
๐ Current Price: $2,484.88
๐ 24h High: $2,603.60
โ๏ธ 24h Low: $2,474.56
๐ Parabolic SAR: ~$2,580 (Bearish confirmation)
๐ MACD Momentum:
DIF: -45.20
DEA: -27.80
MACD: -34.80 (Heavy bearish momentum still flowing)
๐ RSI(6): 8.96 โ ๐ป Extreme oversold levelsโwatch closely
๐ MA(5): 31.97K | MA(10): 23.83K (Strong volume = high volatility)
๐ ETH Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ETH Holds Above $2,474):
Entry: Above $2,500
Targets: $2,590, $2,635, $2,700
Stop-Loss: $2,417
๐น Bearish Scenario (If ETH Breaks Below $2,474):
Entry: Below $2,470
Targets: $2,417, $2,373, $2,300
Stop-Loss: $2,500
๐ Should You Hold or Sell?
โ RSI under 10 = strong mean-reversion potential
โ ETH near multi-session low = ideal watch zone for bounce
โ ๏ธ MACD still aggressively bearishโwait for confirmation candle or volume spike
๐ก Pro Tip:
๐จ $2,474 is your last line of supportโif bulls defend it, we could see a sharp bounce to $2,600+
โ ๏ธ But if broken on volumeโprepare for panic-driven flush
๐ข Are you buying this ETH panic dip or waiting for reversal signals? Comment your play! ๐ฌ๐
๐ฅ LIKE & SHARE if you're hunting reversals, not FOMO pumps! ๐ง ๐