๐จ ETH Just Got Wrecked! Hereโs the Tea:
๐ฐ TRADE NOW Don't miss out
- Price Nuked: Crashed to $2,582 (-4.94%), barely holding above 24h low ($2,556).
- EMAs Scream "SELL": Price below all key EMAs (9/20/50/200) โ Downtrend confirmed.
- RSI Oversold: RSI(14) at 27.88 (almost pancaked).
- Volume Ghosted: 26K vs. avg 71K โ No buyers, just panic sellers.
๐ฅ Why It Happened:
1. Sellers dominated (OBV dumped).
2. MACD went full bear mode (-5.73).
3. Liquidation Cascade: Weak hands got rekt near $2,556.
๐ฏ Next Moves:
- Short Bounce: Sell any rip to $2,604 (EMA9).
- Long? Only if: $2,556 holds + RSI bounces.
- Otherwise: Grab popcorn ๐ฟโnext stop $2,500 if support breaks.
Pro Tip: Trade with stops or become a statistic. ๐ $ETH $BTC
