๐จ Ethereum Update: Volatility Strikes Again!
$ETH is showing signs of heavy market pressure, with sharp swings keeping traders on edge.
๐ Recent Move: ETH slipped down toward $4,397, marking a -7.49% drop in just a short time.
๐ Fast Reactions: Quick bounces are appearing, but most look like fake rallies meant to trap retail traders.
๐ Why It Matters?
Ethereum remains a key altcoin for the market โ but current volatility shows manipulators are active. Sudden pumps or dumps can flip the trend in minutes, making risk management critical.
๐ Key Levels to Watch:
๐ผ Resistance: $4,800 โ A strong close above this may turn momentum bullish.
๐ฝ Support: $4,300 โ A clean breakdown could invite deeper losses.
โ๏ธ Pivot Zone: $4,500 โ Holding above favors recovery, staying below keeps the trend bearish.
๐ฏ Trading Outlook:
Aggressive traders may look for shorts on rallies, but must keep tight stop-losses.
Conservative traders should wait for confirmation near the pivot zone before entering.
โ Risk Reminder
Avoid over-leverage.
Stick to your plan.
The market is never wrong โ only strategies need adjustment!
๐ $ETH โ $4,397.76 (-7.49%)
