🚨 $ETH /USDT – Oversold Opportunity or More Blood Ahead? ⚠️🧠
$ETH is down -2.94%, trading at $2,425.16, slipping below key short-term moving averages. With a drop to $2,367 and RSI cooling off—are bulls waiting to reload or is a deeper flush incoming?
📊 Market Overview
📍 Current Price: $2,425.16
📈 24h High: $2,508.76
❄️ 24h Low: $2,367.36
📊 Parabolic SAR: ~$2,351.71 (below price — possible bounce setup)
📉 MACD Momentum:
DIF: Turning negative
DEA: Sloping down
MACD Histogram: Bearish → Momentum weakens
📉 RSI (6): 42.97 (Neutral-bearish — room to drop further)
📈 Moving Averages (Trend Watch):
MA(7): 2,432.57
MA(25): 2,429.20
MA(99): 2,495.32
📈 ETH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ETH Holds Above $2,400):
Entry: Above $2,440
Targets: $2,508, $2,558, $2,627
Stop-Loss: $2,365
🔹 Bearish Scenario (If ETH Falls Below $2,365):
Entry: Below $2,365
Targets: $2,300, $2,250, $2,180
Stop-Loss: $2,460
🔍 Should You Hold or Exit?
✅ Price near SAR + moderate RSI = Potential bounce play
✅ MA(99) still trending up = Longer-term bullish
⚠️ Trading below MA(7) & MA(25) = Short-term weakness
💡 Pro Tip:
A reclaim of $2,440+ with strong volume could signal reversal toward $2,600+. But a loss of $2,365 may open the gates for a quick drop to $2,300.
📢 What’s your ETH strategy—accumulating or waiting for sub-$2.3k? Drop your take below!
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