🚨 ETH/USDT Pair - Dominant Decline, but watch out for the $2,580 level! 🔥
Current Price: $2,598.30
📉 Market Structure:
#Ethereum is experiencing a short-term downward trend, forming lower highs and lower lows. The price recently bounced off the $2,580 area, indicating a potential rebound.
🔹 Key Levels:
Price Arc: $2,580
Resistance: $2,615
Breakout Trigger: $2,630 and above
🎯Trading Setup:
Entry Zone: $2,595 - $2,605
First Profit Target: $2,615
Second Profit Target: $2,630
Stop Loss: $2,579
💡 Pro Tip:
A sustained rise above $2,615 with volume may change short-term sentiment. Watch Bitcoin's price movement - Ethereum often reflects major Bitcoin movements.
📢 Patience, everyone! Wait for confirmation candles and protect your capital in high volatility areas like this!
$ETH