⚠️ $ETH /USDT – Oversold Bounce or Breakdown? ⚠️

ETHUSDT

3,664.94 ▼ -4.45%

$ETH just tapped a key demand zone near $3,650 after a strong downtrend. Bulls are trying to hold the line — this zone could trigger a short-term rebound, but caution is critical.

📊 Trade Setup (LONG)

• Entry: $3,660 – $3,690

• Stop Loss: $3,635

• Targets:

🎯 TP1: $3,730

🎯 TP2: $3,760

🎯 TP3: $3,800

🧠 Key Insight:

• RSI nearing oversold

• Strong support structure near $3,650

• Breakdown below could lead to $3,580 retest

🚨 Use tight risk management — volatility is high.

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$ETH