$ETH — The dangerous part of a sell-off is what happens when the selling finally slows down. 👀
Ethereum has taken a sharp hit, dropping from the $2,700 area toward a low of $2,406. Now it's hovering around $2,495, with small green candles appearing after the heavy selling.
But don't mistake a bounce for a reversal.
Here's what I'm watching:
🔴 Resistance: $2,520–$2,550
🟢 Support: $2,406–$2,470
👀 Bullish signal: Buyers reclaim resistance and hold it.
⚠️ Bearish signal: The recovery fades and sellers take control again.
The next move matters because it could reveal whether buyers are finally stepping in or simply giving sellers another opportunity.
One question worth asking: If $ETH can't reclaim $2,550 after this sharp decline, what would actually convince you that the bottom is in?
BULLISH 🟢 or BEARISH 🔴?
NFA. DYOR. 🤝 $ETH
Ethereum has taken a sharp hit, dropping from the $2,700 area toward a low of $2,406. Now it's hovering around $2,495, with small green candles appearing after the heavy selling.
But don't mistake a bounce for a reversal.
Here's what I'm watching:
🔴 Resistance: $2,520–$2,550
🟢 Support: $2,406–$2,470
👀 Bullish signal: Buyers reclaim resistance and hold it.
⚠️ Bearish signal: The recovery fades and sellers take control again.
The next move matters because it could reveal whether buyers are finally stepping in or simply giving sellers another opportunity.
One question worth asking: If $ETH can't reclaim $2,550 after this sharp decline, what would actually convince you that the bottom is in?
BULLISH 🟢 or BEARISH 🔴?
NFA. DYOR. 🤝 $ETH