$ETH /USDT SHOWING SHORT-TERM WEAKNESS AFTER STRONG RALLY — PULLBACK OR ACCUMULATION?
#Ethereum surged as high as $2,692 but has since retreated to $2,647.90 on the 15-min chart, reflecting selling pressure near local highs. Price action suggests a potential consolidation phase or a pullback before any further upside. Key support lies around $2,640 — a break below could signal deeper correction, while bounce could restart bullish momentum.
Trade Setup (Neutral to Bearish):
Short Entry: Below 2,640
Targets: 2,620 / 2,600
Stop Loss: 2,662
Market Outlook: ETH remains volatile with strong intraday swings. Watch for support reaction before planning next entry.
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