🔍 ETH Traders – Don’t Get Caught in the Chop!
ETH spiked to $2,823 earlier but failed to hold momentum, now pulling back to the $2,755–$2,770 support zone. MACD remains negative, showing momentum hasn’t yet flipped bullish.
📊 Key Observations:
• Short-term support: Holding near $2,755.50
• MACD: Still bearish, but flattening — potential for reversal
• Lower highs forming — bulls must defend this range soon
💡 Pro Spot Trading Tips:
1. Wait for confirmation — Don’t chase red candles. Look for MACD curve upward + bullish volume.
2. Watch the $2,755–2,740 zone — A strong bounce from here could give a clean 1–2% move.
3. Target profit zones: $2,790–2,810 (previous rejection zone)
4. Use tight stop-losses under $2,740 to limit downside in case of breakdown.
📌 Don’t trade noise — trade structure and signals.
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