$ETH /USDT UNDER PRESSURE – A TRADER'S ALERT
Ethereum ($ETH ) is experiencing a significant downturn, with the price plunging to $2,525, down 5.73% in the past 24 hours. The sell-off intensified after failing to hold above the $2,722 level, indicating a bearish reversal. Currently, the 24-hour low is $2,521, suggesting a possible test of lower support around $2,488 if downward momentum continues. Traders should watch for signs of consolidation or reversal here. A break below critical support could trigger further downside, while a bounce back above $2,562 could signal a recovery. For traders seeking profitable opportunities, maintain caution around these levels, leveraging both short and long entries with strict stop-losses to manage risk.
