๐จ Guys, Let Me Tell You What I Think About $ETH Next Move โ๐
A lot of people are saying this is the bottom for but the chart is showing something completely different ๐
If you look closely, has already broken a major support level ๐ and the breakdown happened with strong selling volume. That's usually not a sign of strength.
Right now, buyers need to step in fast, otherwise the market could continue moving lower. There is also a Fair Value Gap (FVG) visible on the daily timeframe, which adds more bearish pressure to the chart ๐๐
Many traders are expecting a bounce, but as long as $ETH stays below the broken support, bears remain in control ๐ป
๐ฏ My bearish target remains around $1,200 if selling pressure continues.
๐๐ป $ETH
โ ๏ธ This is just my personal analysis, not financial advice. Always do your own research before taking any trade. ๐๐
#ETH #Ethereum #Crypto #cryptouniverseofficial
A lot of people are saying this is the bottom for but the chart is showing something completely different ๐
If you look closely, has already broken a major support level ๐ and the breakdown happened with strong selling volume. That's usually not a sign of strength.
Right now, buyers need to step in fast, otherwise the market could continue moving lower. There is also a Fair Value Gap (FVG) visible on the daily timeframe, which adds more bearish pressure to the chart ๐๐
Many traders are expecting a bounce, but as long as $ETH stays below the broken support, bears remain in control ๐ป
๐ฏ My bearish target remains around $1,200 if selling pressure continues.
๐๐ป $ETH
โ ๏ธ This is just my personal analysis, not financial advice. Always do your own research before taking any trade. ๐๐
#ETH #Ethereum #Crypto #cryptouniverseofficial
