⚠️ ETH touched its 4-hour EMA 200 and was rejected: it’s trading at $2,240 today, down 7.6% over 6 candles.
It’s now below its 20, 50, and 200 EMAs, with the 4-hour RSI at 40 and volume at 1.4 times the average.
Key levels: support at the 20-candle low of $2,206; to recover, it must first break above the 20/50 EMAs at $2,310.
Will it defend $2,200? 👇
#ETH #Ethereum #Cripto #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
It’s now below its 20, 50, and 200 EMAs, with the 4-hour RSI at 40 and volume at 1.4 times the average.
Key levels: support at the 20-candle low of $2,206; to recover, it must first break above the 20/50 EMAs at $2,310.
Will it defend $2,200? 👇
#ETH #Ethereum #Cripto #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.