$ETH at $2,549 — Healthy Pullback or Breakout Setup?
Ethereum just dipped 4.17% in the last 24 hours, currently trading at $2,549 after hitting a recent high of $2,798. But don’t panic — this could be a classic bullish pullback.
What the chart says:
EMA(7) > EMA(25) > EMA(99) = Uptrend intact
Price holding above short-term EMAs (7 & 25)
MACD cooling off = potential for renewed buying
Volume holding steady = confidence still strong
This could be a golden re-entry for those who missed the breakout from $1,537.
Why it matters:
Ethereum remains king of DeFi and staking. With gas fees dropping and Layer 2 growth accelerating, this dip may not last long.
Watch closely — or act quickly.