$ETH /USDT: A Recovery Story in the Making? 📉➡️📈
Current Price: $2,826.86 (+2.99%)
After touching a local bottom at $2,623, Ethereum is showing early signs of life. Let me walk you through what's happening and why this could matter.
What Just Happened?
ETH took a serious hit during the recent market panic, dropping from nearly $4,800 down to $2,623. That's a tough pill to swallow. But here's where it gets interesting – the price found support right at the lower orange band (Lower Bollinger Band), which acts like a safety net that's caught falling prices before.
The Technical Picture:
**Overs