🧬 $ETH at $2,565 – Steady Reclaim or Fakeout Before the Fall? 🔁
$ETH /USDC is trading at $2,565.74, up +1.81%, showing signs of a short-term recovery after the bounce from the $2,503 low. The price structure remains constructive — climbing above all key moving averages (MA-7, MA-25, and MA-99), with higher lows forming after the recent dip.
The current candle is stabilizing near the $2,565–$2,590 range. A clean break above $2,590.50 could bring ETH back toward $2,635, the local top. On the downside, support lies around $2,532, and if that cracks, we may see another retest toward $2,470–$2,415 zones.
📊 $ETH/USDC Key Technical Levels:
Current Price: $2,565.74
Resistance Zone: $2,590 → $2,635
Breakout Target: $2,648 → $2,700
Support Zone: $2,532 → $2,503
Key Risk Area: Below $2,470
Short-Term SL Range: Under $2,500
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🧠 Trader’s Insight:
ETH is holding well, but it's still in the mid-range zone, not yet in breakout territory.
The bounce off $2,503 shows buyers are defending key levels
Volume is still low — momentum isn’t confirmed yet
Price is riding the 7 MA, but it needs volume surge for real continuation
This setup favors:
🟢 Early accumulation with tight risk
🔔 Breakout watchers at $ETH
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