🧠 ETH – Bounce or Breakdown? Let’s Break It Down.
$ETH just kissed the resistance zone near $2,879 before dipping to $2,760 — currently down -1.8% in the past 24h. But here’s what stands out: the 15-min RSI just dropped to 17. That’s deep in oversold territory. 👀
Jump to the 1H chart — MACD’s turned bearish, which suggests short-term selling pressure. Still, peep the volume spikes on that dip... Looks like smart money loading up. 🐋
The 4H trend? Still holding, but just barely. Momentum is fading, and bulls? Playing it cautious.
📍 Key levels I’m watching:
$2,754 is the make-or-break support. Hold this, and we could see a bounce back to $2,800–2,820.
If we lose $2,754? $2,670 might be next in line.
RSI needs to reclaim 30+ to suggest a legit bounce.
Keep an eye on a MACD bullish crossover on low timeframes.
⚠️ Could be a healthy reset… or the start of something deeper. Charts will confirm.
Don’t FOMO. Protect your capital.
What’s your move here? 📉📈
Drop it below ⬇️
#ETH #CryptoUpdate #EthereumMoves #BinanceTrading