๐จ $ETH
/USDT โ Correction or Opportunity? ๐ง
$ETH is showing short-term weakness, currently trading at $2,522.52 after hitting resistance at $2,564.93. But with volume pumping over $1B, is this dip a buying opportunity? Letโs break it down.
๐ Market Overview
๐ Current Price: $2,522.52
๐ 24h High: $2,564.93
โ๏ธ 24h Low: $2,474.24
๐ฆ 24h Volume (ETH): 406,325.17
๐ฐ 24h Volume (USDT): $1.02B
๐ Technical Snapshot:
Parabolic SAR: $2,496.23 (Support holding)
MACD: Momentum weakening (watch for crossovers)
Volume: Rising on dip โ possible smart money entry
๐ $ETH Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $ethHolds Above $2,500):
Entry: Above $2,525
Targets: $2,560, $2,600, $2,640
Stop-Loss: $2,480
๐น Bearish Scenario (If $ethBreaks Below $2,480):
Entry: Below $2,480
Targets: $2,440, $2,400, $2,350
Stop-Loss: $2,525
๐ ETH Price Outlook
โ $2,500 acting as psychological support
โ High trading volume = strong market interest
โ ๏ธ Price struggling to break above $2,560 โ breakout or rejection incoming
๐ก Pro Tip:
Watch for a 4H candle close above $2,560 with volume โ this could ignite a breakout rally. No confirmation? Stay cautious.
๐ข Whatโs your next move on ETH? Holding the dip or shorting resistance?
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