🚨⚡ Ethereum Takes a Dip: Key Levels to Watch for $ETH /USDT! 🎯📉

$ETH /USDT has seen a recent decline, currently trading at 2,520.24 USDT, down by 5.21% over the past 24 hours. As Ethereum approaches important support zones, traders are watching closely to see if ETH can bounce or if the bears will push it lower. Here’s a breakdown of critical levels and targets to keep an eye on:

Market Highlights:

24h High: 2,669.00 USDT

24h Low: 2,503.00 USDT

Moving Averages: ETH is below MA(7), MA(25), and MA(99), indicating short-term bearish momentum.

🎯 Key Targets to Watch:

1️⃣ Immediate Support Level: 2,503.00 USDT

This 24-hour low is a crucial support level. Holding above this could provide stability, while a break below may lead to further declines.

2️⃣ First Resistance Target: 2,572.45 USDT

If $ETH rebounds, reclaiming this level would signal initial recovery and attract buyers looking for a short-term bounce.

3️⃣ Upper Resistance Level: 2,652.86 USDT

Breaking above this level would indicate a more substantial bullish reversal, potentially restoring buying momentum as ETH approaches higher resistance.

⚠️ Caution Zone:

A drop below 2,503.00 USDT may signal additional downside, so traders should be vigilant and manage risk effectively by monitoring these levels.

Stay alert, set your notifications, and watch for potential opportunities in ETH!#Therapydogcoin #Ethereum #CryptoAlert #Binancepen_spark #CryptoPreUSElection