This is exactly how people get trapped thinking ETH will bounce after every dip.....
$ETH has just broken below a major support zone around $2,200, and the price is now struggling near $2,090.
I’m looking at the bigger picture.
ETH had a beautiful bullish rally, followed by a long consolidation phase. But now the structure is turning bearish, and the recent support breakdown is a serious warning sign.
My next level of interest is much lower.
Current price: Around $2,090
Broken support: $2,200
First downside target: $2,000
Major target: $1,900
Bigger target: $1,800
What if $1,800 becomes ETH's next stop? 👀
If sellers continue dominating and ETH fails to reclaim $2,200, we could see another heavy leg down.
Don't blindly buy every dip. Watch the support levels carefully.
Remember this post if ETH starts moving toward $1,800.
$ETH has just broken below a major support zone around $2,200, and the price is now struggling near $2,090.
I’m looking at the bigger picture.
ETH had a beautiful bullish rally, followed by a long consolidation phase. But now the structure is turning bearish, and the recent support breakdown is a serious warning sign.
My next level of interest is much lower.
Current price: Around $2,090
Broken support: $2,200
First downside target: $2,000
Major target: $1,900
Bigger target: $1,800
What if $1,800 becomes ETH's next stop? 👀
If sellers continue dominating and ETH fails to reclaim $2,200, we could see another heavy leg down.
Don't blindly buy every dip. Watch the support levels carefully.
Remember this post if ETH starts moving toward $1,800.
