$ETH /USDT – Healthy Pullback or Breakdown Brewing?
Ethereum is currently trading at $2,555.93, showing a -3.97% drop after peaking at $2,734.23 and dipping to a 24h low of $2,498.30. With a massive trading volume of 950K ETH and $2.49B USDT, the recent volatility may signal an upcoming decision point for bulls and bears. A bounce above $2,620 could revive upward momentum, while failure to hold $2,492 may invite deeper retracement. Traders can look for entries between $2,500 – $2,570, targeting T1: $2,630, T2: $2,700, and T3: $2,800, with a stop loss below $2,440. Watch the volume trends and RSI on the 1h chart for early reversal signs.