$ETH JUST LOST A CRITICAL LEVEL. IS $2,350 THE LAST LINE OF DEFENSE?
Ethereum is trading near $2,435 after losing its daily MA 50 around $2,550. The next key support is $2,350.
But there’s another warning signal 👇
🔴 $ETHBTC broke below 0.0305 and is now near 0.0299, approaching support at 0.0295.
📉 RSI sits at 27.25, deep in oversold territory.
⚡ A potential bullish divergence is still on the chart, but it needs confirmation.
Here’s the level that matters most:
✅ Hold $2,350 → A recovery could develop.
❌ Lose $2,350 → More downside risk opens up.
The next few daily candles could decide Ethereum’s short-term direction.
Are you buying this dip or waiting for confirmation? 👇
#ETH #Ethereum #Crypto #Trading
Track the key ETH levels
Ethereum is trading near $2,435 after losing its daily MA 50 around $2,550. The next key support is $2,350.
But there’s another warning signal 👇
🔴 $ETHBTC broke below 0.0305 and is now near 0.0299, approaching support at 0.0295.
📉 RSI sits at 27.25, deep in oversold territory.
⚡ A potential bullish divergence is still on the chart, but it needs confirmation.
Here’s the level that matters most:
✅ Hold $2,350 → A recovery could develop.
❌ Lose $2,350 → More downside risk opens up.
The next few daily candles could decide Ethereum’s short-term direction.
Are you buying this dip or waiting for confirmation? 👇
#ETH #Ethereum #Crypto #Trading
Track the key ETH levels