My analysis 👇 ✅ RSI(6) 27.36 = Deep Oversold on Daily ✅ Strong support held at $90.87 (24H Low) ✅ Order Book 59.58% BID - Buyers are dominating ✅ Price far below MA25 $102 and MA99 $98 - Mean reversion possible
Chart Story: SOL went from $60.13 to $122.32 and now correcting. This $90-$93 zone was previous accumulation zone. Volume 146M+ shows interest.
If $90 holds, short term bounce target $98 / $102 / $108
Price: $2,269 - RSI is only 37.10, getting close to oversold! MA(7), MA(25) all showing downtrend but volume is decreasing. This could be a bottom signal.
I think ETH could bounce back to $2,400 if it holds $2,174 support. The $2,174 wick is a strong support.
What do you think? Will ETH bounce or drop more? Is this a good time to buy?
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