🚨 $ETH /USDT – Quick Rebound from the Lows! Is Relief Rally Just Starting? 🔄
Ethereum bounced sharply from $2,476 to reclaim $2,550, turning short-term sentiment bullish. But the 99 EMA looms as resistance overhead.
Market Snapshot: • Price: $2,552.11
• 24H High/Low: $2,647.03 / $2,476.03
• Volume: 675K ETH / 1.73B USDT
• 24H Change: -1.44%
Technical Overview: • EMA(7): $2,533.64 – support now reclaimed
• EMA(25): $2,539.49 – flipped to support
• EMA(99): $2,568.27 – next key resistance
• Bullish engulfing pattern forming
Trade Setup: • Entry: $2,545 – $2,555
• TP1: $2,580
• TP2: $2,615
• TP3: $2,645
• SL: $2,510
Pro Tip:
ETH needs a clean breakout above $2,570 (EMA99) for sustained upside. Watch for rejection wicks near that level before going heavy!
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