$ETH: Dip Buyers or Trap? Here’s the Real Level to Watch
ETH just dropped to $3,462 — down ~3% today. After a solid July rally, this dip is either a gift or the start of another flush.
Key levels: – Support: $3,420 – $3,450 zone is the last defense before we revisit $3,350
– Resistance: Any bounce near $3,500–$3,520 is likely to get sold unless volume kicks in
Plan the move: – Scalp long if price holds $3,450 with clear bullish reaction
– Short if bounce stalls around $3,510 and fails to break with volume
– Watch BTC too — it’s dragging the entire market
ETH is in pullback mode. No FOMO. Wait for confirmation, not hope.
