$ETH Near Key Reversal Zone – Will the Bulls Reclaim $2,600? 🧐
📊 $ETH /USDT Daily Chart Update
📍 Current Price: $2,509
📈 24h High: $2,544
📉 24h Low: $2,482
🔄 Volume: 596M USDT / 237,398 ETH
🔍 Technical Overview:
Ethereum is hovering around a critical short-term support zone between $2,480–$2,510. Recent price action shows bullish defense after a sharp drop, with a strong wick rejection from lower levels.
📉 Volume remains moderate
📊 The chart reflects indecision candles, hinting at an upcoming breakout
📆 ETH is forming a potential higher low, watch for confirmation
🎯 Signal (Swing Setup):
Entry Zone: $2,495 – $2,515
Targets:
• TP1: $2,560
• TP2: $2,620
• TP3: $2,700
Stop Loss: $2,465
🧠 Tip: If daily closes above $2,560, expect momentum continuation. Risk-reward still favors bulls in current structure. Keep leverage tight!
📌 Watch ETHBTC pair and ETF developments for added confluence.
#SouthKoreaCryptoPolicy #BigTechStablecoin #MarketPullback #CircleIPO #BlackRockETHPurchase
