⚠️ $ETH /USDT – Ethereum Breaks Below Mid-Band: Bearish Pressure Intensifies Near $2.5K
#Ethereum is down 6.67% today, trading at $2,538.80, with momentum sharply shifting in favor of sellers. Price is now sitting just above the lower Bollinger Band, with MACD signaling accelerating downside pressure.
📊 Market Overview
Current Price: $2,538.80
24h High / Low: $2,732.76 / $2,498.30
24h Volume:
ETH: 884,014.53
USDT: $2.30B
📈 Technical Indicators
Bollinger Bands (20, 2)
Upper: $2,676.70
Middle: $2,575.31
Lower: $2,473.92
→ Price is approaching lower band – key support zone at $2,475
MACD
DIF: -29.15
DEA: -25.00
MACD: -4.14
→ Bearish crossover deepening – sellers in control
📉 ETH Trade Setups
🔸 Bullish Scenario (Oversold Reversal)
Entry: $2,510–$2,530
Targets: $2,575, $2,620, $2,675
Stop-Loss: $2,465
🔸 Bearish Scenario (Breakdown Play)
Entry: Below $2,470
Targets: $2,400, $2,325
Stop-Loss: $2,545
⚙️ Market Analysis
✅ Testing major support at lower Bollinger Band
⚠️ MACD shows strong bearish divergence
✅ Oversold bounce possible but short-lived if $2,470 fails
⚠️ Bearish continuation likely if bulls can’t defend $2.5K
Will Ethereum hold $2,500 or plunge further?
Follow for live setups and key ETH price levels!