ETH Enters Oversold Territory – Rebound or Breakdown Next?
Ethereum has slid to $3,686 and is now testing a crucial demand zone near $3,650. Recent candles indicate bulls are stepping in to defend this level. If ETH stays above $3,660, a short-term bounce toward $3,750+ is possible. But if it breaks below $3,650, we could see a drop toward $3,580.
Trade Setup:
Long Entry: $3,660 – $3,690
Stop Loss: $3,635
Targets:
➡️ $3,730
➡️ $3,760
➡️ $3,800
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