$ETH /USDT Takes a 1.77% Hit – Is Ethereum Gearing Up for a Comeback?"
Ethereum’s price takes a dip of -1.77%, now trading at $3,557.96 after dropping to a 24-hour low of $3,500.00. The day started strong with a high of $3,670.00, but bearish momentum took over. Over 701,624 ETH changed hands, amounting to a massive $2.53B USDT in trading volume.
The MACD remains in bearish territory, signaling caution, while trading volumes show heightened activity. Is this a minor correction or a sign of further decline? Will ETH rebound to test the $3,600 resistance or dip further?
Traders, how are you playing this volatility? Diamond hands, or is this a sell moment? Share your strategy below!