$ETH / USDT STABILIZING AFTER SHARP DROP IS A BASE FORMING?
After tapping the $2,766 high, $ETH has retraced sharply and is now hovering just above support. The 4H chart shows key historical levels: a double bottom around $2,578 and a consolidation breakout earlier at $2,581. With price now consolidating between $2,490–$2,545, traders are watching for signs of a rebound or further breakdown.
📊 Trade Setup
🔹 Entry Zone: $2,500 – $2,520
🎯 TP1: $2,545
🎯 TP2: $2,580
🎯 TP3: $2,635
🛑 Stop Loss: $2,470
A$ETH bounce off support with volume could reignite bullish momentum. But a close below $2,490 may signal more downside.
