hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) edged lower to start the week, with price falling below the $1,600 level on Monday. After peaking at 1,627.67 on Sunday, ETH/USD raced to an intraday low of 1,581.79 during today’s session. This resulted in the world’s second-largest cryptocurrency falling to its lowest level since August 22. The decline arrives as a breakout occurred on a price floor of 1,620, with bears rushing into the market as a result. Price strength is now oversold, and is tracking at 31.27, with the next support point at the 28.00 zone.
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