$ETH 💎 ETH/USDT 🩸“REJECTION OR RESURRECTION? 🔥 ETH BOUNCES AFTER -5% DIP!” 🚨
⛓️ Ethereum slams into key support and fires back! Relief bounce or bull trap brewing? Let’s dissect it!
📍 Current Price: $2,529.45
📉 24H Dump: -5.21%
🔻 24H Low: $2,453.80
📈 24H High: $2,680.34
💰 Volume: 2.12B USDT – Massive exchange activity!
⚠️ Down 8.2% Weekly.
🔬 TECHNICAL SNAPSHOT – 1H REVIEW
💀 Previous Crash Zone: $2,680 → $2,453 — Brutal liquidation wave
📈 Bounce Forming: Bullish engulfing candle from local low
📊 RSI: 53.50 — Cooling bounce; momentum still fragile
💹 MACD: Bearish but tightening gap; potential crossover brewing
📍 MA(7): $2,505 — Price just broke above short-term average
🧱 Key Resistance: $2,557 / $2,591
🛡 Support Base: $2,453 / $2,442
💼 TRADING PLANS –
🟢 LONG STRATEGY – THE BOUNCE TRADE 🧲
📌 Entry Idea:
Buy re-test near $2,500–$2,510
Confirmation:
• 15m/1H green follow-through
• MACD crossover or histogram flip
• RSI >55 and climbing
🎯 Targets:
1️⃣ $2,557 – MA(99) & supply zone
2️⃣ $2,590 – Trendline breakdown retest
3️⃣ $2,641 – Previous local top
🛑 Stop-Loss: Below $2,475 – If support flips bearish
🔴 SHORT STRATEGY – FADE THE FAKEOUT ⛔️
📌 Entry Zone:
Rejects near $2,557–$2,590
Signs:
• RSI stalling or bearish divergence
• MACD rollover again
🎯 Targets:
1️⃣ $2,500 – Immediate dip
2️⃣ $2,453 – Support zone
3️⃣ $2,400 – Deeper liquidity pool
🛑 Stop-Loss: Above $2,595 – Protect against breakout trap
🌐 SENTIMENT SIGNALS
📢 Volume Surge on Bounce = Smart Money Reactivating
💥 RSI Reversal Zone → More upside if bulls push now
😨 Still a fragile market – tight risk control is key
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⚔️ FINAL VERDICT – IS ETH READY TO ROAR OR STUMBLE?
🐍 After a heavy correction, ETH shows signs of life
But this bounce needs confirmation — or it's a trap in disguise.
