$ETH — Ice Cold Shakeout or Hidden Reversal?
The chart is screaming one thing: massive hype → brutal correction → silent accumulation zone.
After printing a sharp spike near 0.0058, price has cooled off dramatically and is now hovering around 0.0010 — down heavily from peak, but showing signs of compression.
This is where smart money watches closely. 👀
🔎 Market Overview
Strong early pump followed by extended downtrend.
Volume has significantly decreased — classic post-hype cooldown phase.
Price is consolidating near psychological support around 0.0010.
MA(5) and MA(10) flattening — volatility squeeze building.
Momentum is weak short-term, but compression phases often precede explosive moves.
🧱 Key Support Levels
0.00090 – Immediate support (recent wick base)
0.00065 – Major structural support
0.00050 – Breakdown zone (high risk if lost)
🚧 Key Resistance Levels
0.00140 – First breakout barrier
0.00175 – Mid-range supply zone
0.00280 – Major resistance cluster
0.00580 – Previous hype high
🎯 Trade Targets
Bullish Scenario (Break & Hold 0.00140):
Target 1: 0.00175
Target 2: 0.00280
Target 3: 0.00390+
Bearish Scenario (Lose 0.00090):
Target 1: 0.00065
Target 2: 0.00050