#ETH Lost 25% of its values within 10 days... It's take almost 3 months to rise and lost within 10 days ..
$ETH Price Analysis: Bearish Momentum Intensifies...
$ETH is trading at $3,281.84, down by 10.58% in the last 24 hours. After hitting a high of $3,720, it has plummeted to test a key low at $3,280, indicating strong selling pressure.
Key Levels to Watch:
Support: $3,280 – A break below this level could lead to further declines toward $3,100.
Resistance: $3,542 – Bulls need to push above this level to regain control and initiate recovery.
Trade Setup:
Entry Point: Around $3,281 for a cautious long position.
Targets:
1. $3,542 (short-term resistance)
2. $3,845 (next major resistance zone)
Risk Management:
Stop-loss: $3,260 to limit downside exposure.
Market Insight:
The current bearish trend shows no signs of reversal yet. Traders should look for a confirmed breakout above resistance or volume signals for recovery before taking aggressive positions.
