🚨 $ETH /USDC Reversal Attempt – Is Momentum Shifting?
Ethereum $ETH ) touched a local bottom at $2,474.52 and is now showing signs of a potential short-term bounce. Price has reclaimed the MA(7) and MA(25), and is approaching the MA(99) at $2,536.83, a key resistance level. A break above could fuel further upside, but caution is warranted below $2,500.
🔔 Trade Setup:
Entry: $2,513 – $2,518
TP1: $2,538
TP2: $2,560
Stop Loss: $2,485
Keep an eye on volume and candlestick confirmation before entering. Momentum is building — but resistance lies ahead.