๐จ $ETH /USDT โ Pullback or Perfect Entry? ๐ฅ
$ETH faced some selling pressure today, dipping to $3,616 despite hitting $3,799 in the last 24 hours. Is this just a shakeoutโor the start of a deeper retracement? Letโs break it down! ๐
๐ Market Overview
๐ Current Price: $3,691.38 (โ2.30%)
๐ 24h High: $3,799.99
โ๏ธ 24h Low: $3,616.54
๐ 24h Volume: 912,572 ETH (~$3.38B USDT)
๐ Moving Averages:
MA(7): $3,698.23
MA(25): $3,715.56
MA(99): $3,674.83
๐ MACD Momentum:
DIF: โ13.49
DEA: โ16.20
MACD: +2.71 (Early signs of reversal)
๐ ETH Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ETH Holds Above $3,670):
Entry: Above $3,715
Targets: $3,800, $3,860, $3,950+
Stop-Loss: $3,610
๐น Bearish Scenario (If ETH Breaks Below $3,610):
Entry: Below $3,610
Targets: $3,540, $3,360, $3,150
Stop-Loss: $3,715
๐ Should You Hold or Sell?
โ Still holding above MA(99) = long-term trend intact
โ MACD turning positive = momentum may be shifting back to bulls
โ But a break below $3,610 could open the door for deeper correction
๐ก Pro Tip:
๐ Watch for a reclaim of $3,715 with strong volumeโthis could mark the return of bullish momentum
โ ๏ธ Consolidation or chop near $3,670โ$3,700 range = expect false breakouts
๐ข Are you buying this dip or waiting for confirmation? Let us know your ETH strategy!
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