⚠️ Ethereum Slips -6.25% — Is This a Correction or Warning Sign?
📊 Snapshot:
Price: $3,616.87
24h Change: ▼ -6.25%
Momentum: Strong bearish pressure, heavy sell-off
Volume: Surge in selling volume — fear creeping in
RSI: Diving into oversold territory — potential for relief or deeper sell
🔍 What’s Driving ETH Down?
Ethereum’s sharp pullback reflects market-wide risk-off sentiment and profit-taking after recent highs. The key now is watching if support zones hold or if selling accelerates.
🛑 Critical Levels
Support Zone: $3,500 – $3,580 (must hold to avoid deeper downside)
Entry Range: $3,580 – $3,620 (cautious dip-buying zone)
Stop Loss: Below $3,450 (protect against trend reversal)
Resistance: $3,700 → $3,800 (zones for potential bounce)
🎯 Trading Plan
Wait for clear signs of support and buying volume before entering
Watch for reversal candlesticks on 1h and 4h charts
Manage risk with tight stops in a volatile environment
⚙️ Strategy Type:
Correction Watch & Potential Dip Buy
📊 Confidence Level: Medium — volatile market, patience required.
💬 Comment “ETH🛡️” if you’re prepping to buy the dip or “ETH✋” if you’re playing it safe.
