Ethereum on the Edge — Reversal Incoming or More Pain Ahead?🔥
— $ETH Slides to $3,585, But Bulls Are Starting to Push Back!
$ETH is showing signs of life after a sharp slide to $3,585 — down 6% in 24h. Currently hovering around $3,626, it’s clinging to short-term support with a strong 62% buyer dominance in the order book.
📊 Quick Snapshot:
📉 24h Range: $3,585 – $3,864
💰 Vol Spike: $2.48B USDT traded in 24h
⚡ Local Low Hit: $3,585 — holding so far
📈 90D Trend: +95.78% — still in macro uptrend
🧠 Trading Signal (Short-Term Bounce Play):
• Buy Zone: $3,580 – $3,640
• Target: $3,720 – $3,780
• Stop Loss: Below $3,560
• Bias: Cautious Bullish (watch confirmation near $3,660)
💡 Buyers are stepping in after heavy profit-taking — watch for a potential relief rally if $3,660 is cleared with volume.
📉 Disclaimer: This is not financial advice. Always DYOR. Crypto trading is volatile and carries risk.