Ethereum (ETH): Sellers Dominate And Pressuring Hard / BE READY!
2025-01-08
Category: None

Well, sellers took over again after forming a nice fakeout above our bounce zone and branch of EMAs where price has landed now on a support zone, one of the most important ones on current timeframes, as if buyers fail to regain control at the current zone price of Ethereum will fall as low as $3000, which is not a small move. 

So as of now we are monitoring that support zone where if we see a breakdown we will short and if we see the regain of control by buyers we go with the flow 😉 

Swallow Team