🚀 Ethereum ($ETH )Quick Setup: Flash Dip to $2,318 — Bounce Opportunity? 📊
$ETH plunged to $2,318 before rebounding to $2,373.10 (-5.49%). The sharp sell-off reached extreme oversold levels, creating a potential short-term scalping setup.
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🔍 Technical Analysis (15M Chart):
‱ Current Price: $2,373.10
‱ 24h Low / High: $2,318.00 / $2,530.44
‱ RSI (6): Sitting at 35.01 after rebounding from critical low levels.
‱ Bollinger Bands: Price bounced off the lower band ($2,369.98) with volume spiking.
‱ MACD: Histogram is starting to curve upward toward a bullish crossover.
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💡 Trade Setup Scenario:
‱ Entry Zone: $2,350 – $2,375
‱ Target 1: $2,410 (Middle Band / MA25)
‱ Target 2: $2,450 (Upper Band Resistance)
‱ Stop Loss: Below $2,310 (Recent Low)
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⚠ Trade with strict stop-loss and proper risk management!
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