🚨 $ETH /USDT – Ethereum Drops Below $3,550! Breakdown or Bounce Incoming? ⚠️
#Ethereum has taken a hit, falling -4.16% to $3,531.13 after failing to hold key levels. With the 24h low at $3,431.75, is ETH preparing for a deeper correction—or staging for a bounce?
📊 Market Overview
📍 Current Price: $3,531.13
📈 24h High: $3,693.31
❄️ 24h Low: $3,431.75
📊 Parabolic SAR: $3,406.28 (Near major support—watch closely!)
📉 MACD Trend:
EMA(7): $3,630.36
EMA(25): $3,742.39
EMA(99): $3,854.43
MACD: Bearish crossover with increasing downside momentum
RSI (6): Dipping into oversold territory—watch for reversal signals
📈 ETH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ETH Holds Above $3,430):
Entry: Above $3,550
Targets: $3,630, $3,742, $3,854+
Stop-Loss: $3,425
🔹 Bearish Scenario (If ETH Breaks Below $3,425):
Entry: Below $3,425
Targets: $3,350, $3,280, $3,200
Stop-Loss: $3,550
🔍 Should You Hold or Sell?
✅ ETH nearing oversold—bounce is possible if bulls step in above $3,430
✅ Clear EMA rejection shows current trend is bearish
❌ A breakdown below $3,425 will likely trigger another leg down
💡 Pro Tip:
🚀 Wait for ETH to reclaim $3,550+ with strong volume before entering long
⚠️ If price lingers below $3,500, bearish pressure could intensify rapidly
📢 Are you buying the dip or waiting for confirmation? Drop your strategy in the comments!
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