🔍 Ethereum (ETH/USDT) Analysis – Is the Market in Correction?
Ethereum is trading at $2,607.64, down -4.98% in the last 24 hours. The asset has already reached a daily low of $2,562.51, while the high was $2,751.80.
📉 Trend and Indicators:
The 7-period moving average (MA7) is at $2,740.77, indicating that the current price is below the short-term trend.
The 25-period moving average (MA25) is at $3,121.41, reinforcing the bearish bias.
The volume in the last 24 hours reached 600K ETH, a significant number that could indicate selling pressure.
⚠️ Support and Resistance:
Immediate support: $2,562.51 (daily low)
Main resistance: $2,756.74
📊 Summary:
ETH's drop could represent a buying opportunity for those looking to accumulate in the long term, but in the short term the asset could still test new lows. The market is volatile, and a break below $2,562 could lead to further corrections.
💬 What do you think? Will you buy at support or wait for further drops? #Ethereum #AnáliseTécnica
