🚨 $ETH JUST LOST A KEY LEVEL… NOW WHAT⁉️
Ethereum has broken below its daily 50 MA near $2,550 and is trading around $2,435. The next level to watch is $2,350. 📉
Meanwhile, $ETHBTC has lost 0.0305 and is approaching support near 0.0295. RSI is down to 27.25 — deep in oversold territory. 🥵
There’s still a bullish divergence on the chart, but it needs confirmation. If ETH fails to hold $2,350, the pressure could continue.
👀 Can ETH defend $2,350 and recover, or are the bears preparing another move lower⁉️❓
#ETH #BTCn
Ethereum has broken below its daily 50 MA near $2,550 and is trading around $2,435. The next level to watch is $2,350. 📉
Meanwhile, $ETHBTC has lost 0.0305 and is approaching support near 0.0295. RSI is down to 27.25 — deep in oversold territory. 🥵
There’s still a bullish divergence on the chart, but it needs confirmation. If ETH fails to hold $2,350, the pressure could continue.
👀 Can ETH defend $2,350 and recover, or are the bears preparing another move lower⁉️❓
#ETH #BTCn