$ETH

$ETH /USDT - Market Breakdown & Trade Setups 🚀

Ethereum faced strong rejection near $2,845, leading to a sharp decline towards $2,616, where buyers stepped in to defend support. Currently trading around $2,687, ETH is at a critical decision point—either a bullish recovery or further downside continuation.

🔹 Long Setup (If ETH Holds Above $2,680)

Entry Zone: $2,680 - $2,700

Target 1: $2,750

Target 2: $2,800

Target 3: $2,845

Stop Loss: $2,640

✅ Bullish Confirmation: If ETH reclaims $2,720+, expect a push toward major resistance at $2,845. Increased volume will be key for sustained momentum.

🔻 Short Setup (If ETH Fails to Hold $2,680)

Entry Zone: $2,670 - $2,700

Target 1: $2,640

Target 2: $2,600

Stop Loss: $2,720

⚠️ Bearish Confirmation: If ETH struggles below $2,700, it risks a drop toward $2,600, where the next major support level lies.

📊 Market Predictions & Insights

Key Resistance: $2,845 – ETH needs to break this for a sustained bullish run.

Major Support: $2,600 – Losing this level could trigger a deeper correction.

Volume & Momentum: Watch for volume spikes near $2,720 to confirm a potential bullish push.

🔎 ETH’s next move depends on whether it reclaims $2,700 or faces another rejection. Keep an eye on BTC’s movement for added confirmation!