📉 Is the drop over? ETH hits support while BTC Dominance retreats.
The market is giving us mixed signals, but the charts don't lie. While many panic, we look for the technical entry.
🔍 Today's Analysis:
BTC Dominance (BTC.D): We see a pullback from 60%, now sitting at 59.16%. This usually gives a breather to the Alts.
ETH/USDT: Ethereum has touched $1,932 (24h low) and is trying to regain ground near $1,953. The RSI at 35 indicates that we are entering the oversold zone on the 1H timeframe.
🎯 My Trading Plan:
Accumulation zone: $1,935 - $1,955
Short-term target (TP): $2,020 (Bollinger middle band)
Stop Loss (SL): $1,910 (Below the recent low)
Don’t trade out of fear, trade with strategy. I already have my levels marked on Binance.
Do you think ETH will recover to $2,000 today or will we keep looking for lows? I’ll read you in the comments. 👇
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#Ethereum #ETH #TradingContext #TechnicalAnalysis #BinanceSquare #CryptoTrading
$ETH $BTC $BNB