$ETH / USDT SHARP DROP, BUT BOUNCE IN PROGRESS!
#Ethereum just saw a brutal drop from $2,679 to a low of $2,381 a correction of nearly -11% in just a few candles. Now, buyers are stepping in near key demand, reclaiming the $2,460 zone.
The question: Is this a dead-cat bounce or the start of recovery?
Price Action Recap:
Dumped from $2,679.88 → $2,381.49
Recovered to $2,461 with slight momentum
Still trading below key resistance at ~$2,497
Needs a strong close above $2,500 for bullish continuation
Trade Setup (Rebound Attempt)
Entry (Long): $2,455 – $2,470
TP1: $2,498
TP2: $2,563
SL: $2,415
Caution: If $ETH loses $2,430 again, expect further downside. This rebound needs volume and strength to confirm reversal.
