๐ $ETH /USDT โ Oversold & Sitting on Major Support!
Ethereum just dipped to the $3,250 zone with a sharp correction, but the chart is now flashing some interesting signalsโฆ ๐
๐ก RSI near 20 = Extremely Oversold
Buyers could step in any moment for a relief bounce. โ
๐ MA(7) & MA(25) Both Above Price
Short-term trend remains bearish โ but a squeeze upward is likely if ETH defends this support.
๐ Volume Spike on Red Candles
Final liquidation phase often comes right before a reversal.
๐ก What to Watch Next
โข Holding above $3,240 โ $3,260 = rebound potential to $3,350 โ $3,420
โข Losing this support = $3,100 retest possible
This is a make-or-break zone โ high volatility expected! โก
๐ Eyes on ETHโฆ a single bounce could flip sentiment fast. ๐
#BinanceSquare #CryptoCharts #Oversold #SupportZone #TechnicalAnalysis #Ethereum
