$ETH /USD Huge Sell Alert
Event: Massive Whale Sell-Off
Sell Volume: $358,280
Price: $3,611
Market Analysis
A huge sell like this can create downward pressure, increasing chances of a price dip.
However, $ETH remains strong fundamentally, and this move could present a buying opportunity at lower levels.
Key Levels
Buy Zone:
$3,500 - $3,550 (Watch for price stabilization or bullish signals in this area.)
Target Levels:
1. Short-Term Target: $3,650
2. Mid-Term Target: $3,700
Stop Loss:
$3,480 (To protect against further downside.)
Trading Tips
Wait for Confirmation: Avoid rushing; look for support to hold near the buy zone.
Volume Check: High volume near $3,500 could indicate a reversal.
Risk Management: Limit exposure; always calculate position size based on risk tolerance.
Keep an eye on market sentiment and news affecting ETH, as these can drive quick price movements. Stay sharp and trade smart!
#CryptoReboundStrategy #BitcoinHashRateSurge #BitcoinTurns16 #BIOOpenonBinance #BinanceAlphaAlert