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#eth Market Update | 8 September 2026
After strong selling on the chart, the price has shown a recovery from lower levels. Buyers entered on the dip, but the recent red candle indicates that selling pressure has not completely subsided yet.
🔹 Key Support: Recent low / bounce zone
🔹 Key Resistance: Recent recovery high
🔹 A breakout above resistance could lead to further upside
🔹 A break below support could risk continued downside
My Opinion: For now, rather than chasing the market without confirmation, it seems better to wait for a support or resistance breakout. Make sure to follow proper risk management.
#Crypto #Trading #MarketUpdate #TechnicalAnalysis