$ETH Ethereum has just formed a potential double top on the 15-minute chart — a well-known pattern that often hints at a possible pause or reversal following a strong upward move.
Key Technical Levels:
Resistance Zone: Both peaks occurred near the $2,680 mark, signaling firm overhead resistance.
Neckline Support: Around $2,640 — the critical level that could dictate the next move.
This formation indicates that bullish momentum might be fading. A decisive drop below $2,640 could open the door to further downside targets between $2,620 and $2,580.
However, No Confirmation Yet: ETH is still holding above the neckline, and buyers are showing resilience. A solid rebound from the $2,640 zone could nullify the bearish setup and push the price toward a breakout above $2,680 — potentially setting the stage for a rally to $2,720 or higher.
#TrumpMediaBitcoinTreasury #BinanceAlphaAlert #WhaleJamesWynnWatch #WhaleJamesWynnWatch #TrumpTariffs #BinancelaunchpoolHuma This is a key moment for ETH in the short term — whether it breaks out or breaks down, traders should be ready for sharp pric
e movements.
