ETH/USDT – 1H Timeframe Analysis
Trendline Breakdown Alert!
• High Volatility Breakdown: Strong ascending trendline ka breakdown ho chuka hai.
• Retest Confirmed: Price ne breakdown ke baad trendline ko retest kiya, phir se rejection mila – confirmation of bearish momentum.
• Current Price: 2398.80 (approx)
• Next Key Level: Demand Zone near 2280-2300
• Setup Watch:
• Agar price demand zone se support leta hai, then possible bounce setup ban sakta hai.
• Agar demand zone bhi break karta hai, then we may see more downside.
Strategy Tip:
Wait for price action near demand zone – bullish engulfing ya reversal pattern milta hai toh bounce trade possible.