🚨 ETH/USDT: Short-Term Pullback Alert! 🚨
$ETH is taking a breather after its massive run. Here’s the quick breakdown:
📉 Current Price: $4,477 (-2.43% in 24h)
📊Key Level Broken: Trading BELOW all major EMAs (25, 99, 200). This is now resistance.
🔻Momentum: 7-day performance is -3.18%, confirming the short-term downtrend.
📉Volume: The sell-off is on low volume (922 ETH) vs. the average. This suggests a lack of buyers, not a panic sell.
The Prediction:
Short-term bias isBEARISH. Looking for a test of the ~$4,412 low. Need to see a break back above $4,509 (EMA25) with strong volume for a bullish reversal signal.
The Big Picture:
DON'T PANIC.This is a pullback in a MASSIVE long-term uptrend (+87% in 90D). This could be a healthy cooldown.
What I'm Watching:
· Can it hold $4,400?
· Volume on any bounce.
· A reclaim of the EMA25.
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