*Ethereum at a Make-or-Break Level: Can $2,600 Hold?
$ETH is hovering around $2,616, quietly retesting the $2,600 support zone—a level that once served as strong resistance. This flip from resistance to support is a classic setup in bullish market structures, and how ETH reacts here could determine its next major move.
If ETH holds this zone, it may kickstart another leg up toward $2,800 and above. But if it drops below $2,550, the bullish case weakens, and a deeper pullback becomes likely. With volatility muted post-CPI and macro sentiment turning cautiously optimistic, the setup is worth watching.
*Trade Setup
-Entry Zone: $2,600 – $2,620
-Take Profit: $2,839
-Stop Loss: $2,550
This trade offers a clean risk-to-reward structure. The downside is limited, while upside potential is meaningful if the support holds.
*Why It Matters Now
1.Macro trends: Softer CPI and rising rate cut expectations are fueling renewed interest in risk assets.
2.Market sentiment: Bitcoin ETF inflows and altcoin rotation are back in focus.
3.ETH position: As BTC cools off, ETH could reclaim market attention—if the $2,600 level holds.
*Final Take
ETH doesn’t need fireworks right now. What it needs is stability above $2,600. If that level holds, we could be looking at the base of the next rally.
Smart entries happen in silence—before momentum returns. Keep your strategy tight, and watch this zone closely.
#TradeSmart #EthereumRising #Cryptowatch