ETH Spot Entry: Buying the Market Flush 📉
The ETH/USDT 1-hour chart in 37263.jpg shows a heavy drop from the $2,023 local high down to a low of $1,816.92, currently stabilizing around $1,866.21.
Like the previous setup, this is exactly where I scale in with spot buys:
Indicators Reset: The RSI(6) hit deeply oversold territory and is currently sitting at 38.38, signaling the immediate panic-selling has exhausted itself.
Volume & Liquidation Flush: The long lower wick down to $1,816 shows aggressive buyer absorption, carving out a clear near-term floor.
No leverage, no futures FOMO just patient, calculated accumulation when fear is high. Watching for a base to form here for a push back toward $1,897 and $1,942.
Are you accumulating Ethereum here, or waiting for lower? 👇
ETH
1,806.01
-2.03%