$ETH /USDT – REJECTION AT $2600 ZONE
#Ethereum just faced a sharp rejection from the $2,587 resistance zone after a strong rally. The price dropped quickly to a local low of $2,482, now attempting a minor recovery around $2,494.
The rejection confirms short-term seller pressure near $2,600. However, as long as ETH holds above the $2,250 support base, the bullish structure remains intact. Bulls just need to defend key levels and regroup for another breakout attempt.
Key Levels to Watch:
Support: $2,450 – $2,250
Resistance: $2,587 – $2,600 (crucial breakout zone)
Stay focused. If ETH stabilizes and consolidates above $2,500 again, the next attempt could lead to a fresh run toward $2,650 – $2,700.
Trade here on $ETH