$ETH
- Steep Correction Near Key Support! 🚨
📊 Current Price: $3,417.59 (-7.43%)
24H High: $3,703.38
24H Low: $3,413.11
Volume: 466,948.99 $ETH / 1.66B USDT
🔥 Layer 1 Token Facing Pressure
Key Levels to Watch:
Resistance: $3,500, $3,600
Support Zones: $3,400, $3,350
Market Behavior Insights:
$ETH has witnessed heavy selling pressure, breaking below $3,500 and now nearing critical support at $3,400. This level could act as a potential rebound zone if buying interest emerges.
Trading Strategy:
Entry Range: $3,400 - $3,450
Targets: $3,500, $3,600
Stop-Loss: $3,350
Analysis:
The sharp drop from $3,744 reflects strong bearish sentiment, but the $3,400 level is crucial for potential recovery. Monitor trading volume and buyer interest for signs of a reversal.
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