$ETH /USDT Market Update – 🔻 -3.24% Drop
📌 Current Price: $2,218.93
📌 24H High: $2,314.18
📌 24H Low: $2,076.26
📌 24H Volume: 1.30M ETH / 2.81B USDT
📊 Technical Overview
✅ Support Levels:
$2,200 - $2,180 → Immediate support
$2,100 → Key support
🚀 Resistance Levels:
$2,250 - $2,280 → Short-term resistance
$2,300 - $2,350 → Key breakout zone
📉 Indicators & Trend Analysis
🔹 RSI: Near oversold zone, potential for recovery
🔹 MACD: Bearish crossover, indicating selling pressure
🔹 Bollinger Bands: Price near the lower band, suggesting a possible rebound
📈 Trading Strategy
📌 Bearish Scenario: If ETH falls below $2,200, it may test $2,100 support.
📌 Bullish Scenario: A break above $2,250 could push ETH towards $2,300 - $2,350.
⚠️ Risk Management:
🔹 Stop-loss: Below $2,180
🔹 Take profit: $2,280 - $2,300
🔍 Final Thoughts
ETH is facing selling pressure but is near key support zones. A bounce from $2,200 could lead to a short-term recovery.
#ETHUSDT #Ethereum #Crypto #Trading