🚨 $ETH
/USDT – Major Pullback or Dip-Buying Opportunity? 🔻 -9.88%
Ethereum ($ETH) is experiencing significant selling pressure after hitting recent highs near $2,784. Is this just a healthy correction or the start of deeper downside? Let’s break it down 👇
📊 Market Overview
📍 Current Price: $2,497.30
📈 24h High: $2,784.64
❄️ 24h Low: $2,455.03
📦 24h Volume (ETH): 989,655.65
💰 24h Volume (USDT): $2.63B
📉 Technical Snapshot:
EMA: Bearish crossover forming – trend weakening
Bollinger Bands: Price broke lower band – volatility spike
MACD: Bearish divergence present
SAR: Flipped above price – signaling possible short-term downtrend
📈 $ETH Trade Setup – Key Levels to Watch
🔹 Bullish Reversal (If $ETHHolds Above $2,450):
Entry: Above $2,520
Targets: $2,600, $2,680, $2,740
Stop-Loss: $2,445
🔹 Bearish Continuation (If $ETHBreaks Below $2,445):
Entry: Below $2,445
Targets: $2,380, $2,300, $2,180
Stop-Loss: $2,520
🔍 Ethereum Insights
✅ Massive liquidity zone near $2,450 may offer support
⚠️ Failing to reclaim $2,600 quickly = risk of further downside
✅ High volume = potential for sharp reversal if buyers step in
💡 Pro Tip:
Watch for a strong 15m or 1h bullish candle near $2,480–$2,500 with rising volume—that’s your first hint of a possible bounce.
📢 What's your $ETH move? Buying the dip or waiting for confirmation?
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