📉 $ETH – Reversal Soon or Just Getting Started?

🔍 Let’s break it down.

Ethereum ($ETH ) recently tested resistance near $2,879, only to cool down to $2,760, marking a -1.8% dip in 24h. But here’s the twist — the 15-min RSI just hit 17.

🟢 Oversold alert? Definitely one to watch.

🔎 Quick Chart Rundown:

  • 1H MACD? Bearish flip — momentum is shifting short term.

  • But zoom in: 🔊 Volume spikes on the dip hint at whale accumulation. Smart money might be prepping.

📊 4H Trend

Still technically intact — but fading fast. Bulls are cautious. The next few candles are critical.

📍 Key Levels to Watch:

  • Support: $2,754 — this is crucial. A hold here = bounce to $2,800–2,820 range.

  • If broken? $2,670 could be next.

  • RSI back above 30 = potential reversal confirmation.

  • Look for MACD bullish cross on LTFs (lower timeframes) before jumping in.

$BTC

⚠️ Pro Tip:

This might be a healthy reset — or the start of more pain. Don’t chase. Watch the signals. Protect your capital.

🧠 What’s your ETH play next? Bounce or bleed? Drop your thoughts below ⬇️

#BinanceSquareFamily #CryptoTalks #EthereumUpdate #MarketWatch #writetoearn