This is exactly how people get trapped thinking$ETH will bounce after every dip... 🩸📉
$ETH has just broken below a major support zone around $2,200, and the price is now struggling to hold near $2,090.
I'm looking at the bigger picture here. ETH had a beautiful bullish rally, followed by a long consolidation phase. But the structure has officially turned bearish, and this recent support breakdown is a serious warning sign.
My next level of interest is much lower.
Current price: Around $2,090
Broken support: $2,200
First downside target: $2,000
Major target: $1,900
Bigger target: $1,800
What if $1,800 becomes ETH's next stop? 👀
If sellers continue to dominate and ETH fails to reclaim $2,200, we could see another heavy leg down.
Don't blindly buy every dip. Watch the support levels carefully and manage your risk appropriately. Remember this post if ETH starts moving toward $1,800. 🎯
Click here to trade now 👉 $ETH
#ETH #CanNvidiaEarningsEaseMarketConcerns?
$ETH has just broken below a major support zone around $2,200, and the price is now struggling to hold near $2,090.
I'm looking at the bigger picture here. ETH had a beautiful bullish rally, followed by a long consolidation phase. But the structure has officially turned bearish, and this recent support breakdown is a serious warning sign.
My next level of interest is much lower.
Current price: Around $2,090
Broken support: $2,200
First downside target: $2,000
Major target: $1,900
Bigger target: $1,800
What if $1,800 becomes ETH's next stop? 👀
If sellers continue to dominate and ETH fails to reclaim $2,200, we could see another heavy leg down.
Don't blindly buy every dip. Watch the support levels carefully and manage your risk appropriately. Remember this post if ETH starts moving toward $1,800. 🎯
Click here to trade now 👉 $ETH
#ETH #CanNvidiaEarningsEaseMarketConcerns?
