Whether 2442.08 Holds as Support Is the KeyEthereum / TetherUSBINANCE:ETHUSDTreadCrypto Hello, traders! If you follow me, you can always receive new updates quickly. Have a great day! ------------------------------------- The recent decline has triggered the formation of the DOM(-60) indicator, suggesting that the price may be approaching a bottom. Therefore, whether the price can find support around 2442.08 is important. The key is whether the price can find support within the 2362.29–2463.93 range and move higher. If the price declines further, the following support levels should be monitored: 1st Support: 2317.39 2nd Support: 2111.42 It is important to check whether the price finds support around these two levels. --- A Renko chart can provide some guidance on which brick may be suitable for initiating a trade. However, since trading directly based on a Renko chart is not easy, actual trading decisions are generally made using other types of charts. Although the price has shifted into a downward trend, the chart suggests that a complete bearish trend reversal has not yet been confirmed. Therefore, as mentioned earlier, whether the price can hold support around 2442.08 remains a key factor. Since capital flows remain unfavorable, I believe it is better to maintain a conservative approach to trading. --- Thank you for reading to the end. I wish you successful trading.