$SSV The network situation is a bit tight, but there are opportunities hidden within it! This is the backbone of Ethereum staking, but currently, the price is $3.449** (around Rs 969) with a **-6.66%** wounded drop in the last 24 hours. The market sentiment clearly seems **bearish**, as the price is below MA(99), which is **$3.557**, and the long-term charts are also red.
Its immediate and strong support is seen around **$3.443** (according to the order book). If this breaks too, the next major support could be the **$3.40 psychological level**. On the upside, the first resistance is at **$3.450** (current Ask) and then a strong hurdle is at **$3.557 (MA99)**. Reaching **$3.652 (recent high)** seems a bit difficult right now.
If there is a bounce, the short-term target is reasonable at the **$3.55 - $3.65** zone. But remember, this coin is very volatile and has bled a lot on the long-term charts as well — so extra caution is necessary. Play with small entries and strong stops.
