Ethereum ($ETH ) is showing signs of a high-potential setup, currently trading at $2,629.41 after a healthy pullback of -3.77%, creating an exciting opportunity for strategic traders. With a 24h high of $2,744.42 and a low of $2,557.07, $ETH is bouncing within a wide range backed by strong momentum—over 721K ETH traded, totaling $1.92B USDT in volume. Technical indicators like MACD, EMA, and BOLL hint that ETH may be oversold and ready for a reversal. A confirmed move above the $2,630 mark could trigger a fresh rally toward the $2,700+ zone, while strong support near $2,557 helps manage downside risk. Traders should gear up for a potential rebound play—this is a prime buy-the-dip moment for those targeting short-term gains in a volatile but promising market structure.

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