$ETH ⚡️ ETH RESURGENCE! ETH DIGESTS THE DUMP | TIME TO RECHARGE? ⚡️
📊 Pair: ETH/USDT
⏰ Timeframe: 1H
📈 Current Price: $2,526.42 (-2.84%)
🔥 24H High: $2,647.03 | ⚠️ Low: $2,476.03
📊 Volume Surge: 🔥 725K ETH traded @ significant move.
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🧪 TECHNICALS SNAPSHOT:
MA-7: $2,549.31 (Short-term bearish crossover)
MA-25: $2,572.79
MA-99: $2,555.58 (Downward pressure)
Key Resistance: $2,738.50
Key Support: $2,470.00 – 2,480.00
Bearish Pullback: MA5-MA7 death cross forming.
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🎯 FUTURES STRATEGY SETUP
🟢 LONG ENTRY IDEA:
✅ Buy the Dip Zone: $2,480 – 2,500
🎯 TP 1: $2,580
🎯 TP 2: $2,640
🛑 SL: $2,460 (Clear breakdown support)
> Monitor the reclaim of $2,500+ for a stable bullish leg.
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🔴 SHORT ENTRY IDEA:
🚩 Entry Zone: $2,640 – 2,660
🎯 TP 1: $2,520
🎯 TP 2: $2,480
🛑 SL: $2,675
> Strong short setup if $2,640 fails to hold. Watch for sustained rejection.
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⚠️ CAUTION ZONE:
Volatility Alert: Ethereum is reacting to $BTC fluctuations, so volatility remains high.
Avoid large leverage until confirmation of trend reversal.
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📣 FINAL TAKE:
ETH is struggling to find footing after recent rejection at $2,738. Bulls need to reclaim $2,580 to initiate any serious rally. Failing to do so, ETH may continue to test lower zones like $2,480.