$ETH /USDT – Bearish Fade or Bullish Retest at Key Zone?

Current Price: $2,573.30 (-0.78%)

#Ethereum is consolidating just below the $2,600 resistance after a rejection. With a daily low at $2,476 and 24h volume exceeding $1.86B in USDT, this zone could determine $ETH 's next big move.

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🔼 Bullish Setup (if price reclaims $2,600):

Entry Zone: $2,585 – $2,610

TP1: $2,660

TP2: $2,710

TP3: $2,775

Stop Loss: $2,540

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🔻 Bearish Setup (if price drops below $2,525):

Entry Zone: $2,510 – $2,530

TP1: $2,465

TP2: $2,410

Stop Loss: $2,575

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📊 Trading Data:

24h High: $2,603.59

24h Low: $2,476.03

24h Vol (ETH): 732,027.23 ETH

24h Vol (USDT): $1.86B

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📉 Market Insights:

ETH is in a compression zone. Holding above $2,525 shows buyer defense, but multiple rejections near $2,600 could indicate supply overhead. Watch the 4H candle closes for clarity.

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💡 Pro Tip:

Set alerts at $2,525 and $2,600. Patience is key—wait for a breakout or breakdown confirmation with volume before executing any trade.

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