$ETH 🦅
💥Personal Opinion🦅😎
➡️ETH is currently in a correction phase, approaching key support levels around $3,306.41. If the price finds support at this level, it may offer a good opportunity for a rebound. However, if the support breaks, further downside is likely, and the price could target $3,200 or even lower in the short term.
Market Sentiment
$ETH is experiencing a significant pullback with a decline of 7.35% in the last 24 hours. Despite this, Ethereum remains a dominant force in the market. The recent high of $3,629.47 suggests that ETH has strong potential for bullish movements, but the recent drop indicates short-term weakness 📉. The market sentiment is mixed—bearish in the short term, but overall, Ethereum still has positive long-term prospects.
Trading Signal
Entry: Look for potential entry near $3,310 - $3,330 (near support) for a possible bounce.
Targets: First target at $3,400 and second target at $3,500 if the price shows a strong upward momentum.
Stop-Loss: Place a stop-loss just below $3,300 to protect against further downside.
💯Keep an eye on support and resistance levels for a clearer direction in the coming hours ⏳.