Ethereum Ready for Another Dump till $1700 ?

٢٥ يناير

Ethereum Chart Technical Analysis ETH

Currently #ETHUSDT Trading at 4H Support Level.
1️⃣ If $2160 level breaks, ETH could drop to $1,750 (Scenario 1)
2️⃣ But if price bounces off $2,160, we could see a 5-10% relief rally. ( Scenario 2 )

My view:
- Bearish below $2,240
- SUPER bearish if $2,160 breaks!


Overall, #ETH is standing on thin ice at a very crucial support zone.
One break could lead to a cascade of selling.

Trade safe!