🚨 ETH/USDT Analysis – Breakdown 🚨

Ethereum (ETH) is in a downward spiral, currently sitting at $3,346.73 (-9.10%). The bears are running the show as ETH struggles to stay above critical support levels.

📉 Key Levels to Watch

Support: Immediate support is at $3,326. A break below could send ETH sliding to $3,300 or even $3,200.

Resistance: The first challenge for bulls is $3,500, with stronger resistance looming at $3,700–$3,800, where sellers are firmly positioned.

🔍 What’s Next for ETH?

If ETH manages to hold $3,326 and shows signs of bullish momentum, a rebound toward $3,500–$3,600 could be on the cards. 📈

On the flip side, breaking below the support could open the door for further declines.

🎯 Trading Ideas

For Bears: Look for confirmation of a breakdown below $3,326 to explore short-selling opportunities.

For Bulls: Wait for a solid reversal near $3,326–$3,300 with rising volume before jumping in.

ETH is at a crossroads, and the next move—whether a bounce or a breakdown—could be significant. Stay alert, follow the trend, and trade with caution. 🔥