📉 $ETH /USDT – Short-Term Pullback Play or Rebound Setup? 🔁⚡

Current Price $ETH : $2,514.50 (+1.69%)

24H High: $2,544.36 | 24H Low: $2,470.78

EMAs:

EMA(7): 2,516.61

EMA(25): 2,519.18

EMA(99): 2,509.30

📊 Chart Analysis (15m):

ETH recently spiked to $2,544.36 but faced heavy rejection, forming a downward flag. Price is currently consolidating below both EMA(7) and EMA(25), with EMA(99) acting as dynamic support. This shows short-term bearish pressure, but not a full reversal yet.

📌 Trade Setup (Scalp/Swing):

🔻 Short Entry Zone: $2,517 – $2,520

🎯 TP1: $2,509 (near EMA99 support)

🎯 TP2: $2,497

🛑 SL: $2,526 (above recent minor swing high)

🟩 OR Long Setup (Only if confirmed bounce at EMA99):

🟢 Long Entry Zone: $2,508 – $2,512

🎯 TP1: $2,522

🎯 TP2: $2,535

🛑 SL: $2,502

💡 Pro Tip:$ETH

Wait for strong candle close above EMA25 (~$2,519) for long confirmation. Volume confirmation will add extra strength to either setup.