ETHFI/USDT is showing signs of a potential reversal from the strong support zone at $1.90 - $2.00. The price is currently consolidating near support, with room for upside movement. Key resistance levels indicate strong profit-taking opportunities for swing traders.
Entry: $1.99 - $1.90
Stop Loss (SL): $1.80 (Below the support zone for risk management)
Targets:
1️⃣ $2.20 2️⃣ $2.40 3️⃣ $2.80
⚠️ Risk Management: Ensure proper position sizing and stick to the stop-loss level. If the price breaks below $1.80, watch for a retest near $1.50 before considering re-entry.#BinanceAlphaAlert #ETHFI #BinanceLaunchpoolBIO
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🚨Bitcoin dominance going down and retest the channel support area and other side we see a little bit of recovery in Altcoins. If Bitcoin dominance again rises towards channel top then we'll see again Altcoins in some pressure or if bitcoin dominance breaks this channel in downside then we will see more recovery in Altcoins. Keep an eye on Bitcoin dominance #altsesaon $BTC