$ETH is sitting right on support, and this week's bounce is gone. 👀
Price is around $2,365, down about 7% in a week and roughly 50% below the all-time high. Spot ETF outflows continue, but forced selling is cooling off.
Levels I'm watching:
🔴 $2,550: resistance, last week's high
⚪ $2,400: reclaim it and pressure eases
🟢 $2,350: support, holding for now
⚠️ Lose $2,330 and I'm watching $2,300 next
Big macro date: the Fed meets October 28. Moves around it could be sharp.
My plan: no chasing. I want a daily close back above $2,400 before getting bullish, and I'm stepping aside if $2,330 breaks.
Does ETH hold $2,350, or break? 👇
#ETH #Ethereum✅ #crypto #cryptotrading #altcoins
@Ismeidy
Price is around $2,365, down about 7% in a week and roughly 50% below the all-time high. Spot ETF outflows continue, but forced selling is cooling off.
Levels I'm watching:
🔴 $2,550: resistance, last week's high
⚪ $2,400: reclaim it and pressure eases
🟢 $2,350: support, holding for now
⚠️ Lose $2,330 and I'm watching $2,300 next
Big macro date: the Fed meets October 28. Moves around it could be sharp.
My plan: no chasing. I want a daily close back above $2,400 before getting bullish, and I'm stepping aside if $2,330 breaks.
Does ETH hold $2,350, or break? 👇
#ETH #Ethereum✅ #crypto #cryptotrading #altcoins
@Ismeidy