😨 $ETH Holders, You Need to See This Dangerous Trend

Hey traders👋, let's look at $ETH:

Current price: $3503.80 (▼4.39%)
24h range: $3431.75 - $3682.48

📊 Current Analysis:

ETH is currently declining, down 4.39% in the last 24 hours. The increased selling volume suggests this might be more than just a normal correction. Here are the key levels I'm watching:

🔺 Resistance Levels:
1. $3573.88 - Immediate resistance that needs to break for continuation
2. $3719.30 - Stronger resistance that could cap larger moves

🔻 Support Levels:
1. $3433.72 - Initial support where buyers might step in
2. $3397.43 - Critical support that must hold for current structure

💡 Trading Considerations:

Patience could be valuable here. Sometimes the best trade is no trade until the picture becomes clearer.

For those considering positions:
• Potential entry zone: $3433.72-$3573.88
• Stop considerations: Below $3397.43 for longs / above $3719.30 for shorts
• Initial targets: $3573.88 then $3719.30 if bullish / $3433.72 then $3397.43 if bearish

What's your take on ETH's current setup? Are you:
- Seeing opportunities here?
- Waiting for more confirmation?
- Have a different perspective on these levels?

Let me know in the comments - I always appreciate different viewpoints!

Remember: Markets can change quickly. Always manage your risk accordingly.

#Crypto #Trading #Binance #ETH #Bearish #DYOR