$ETH 📉 Technical rebound or bearish continuation?

Greetings, community! 👋

I share with you a recent technical analysis on the behavior of an asset that is currently trading at $2,767.54, with an intraday drop of –1.00%. After reaching a high of $2,879.22 in the last 24 hours, the price has retraced to touch $2,743.75, where it begins to show signs of technical support.

🔍 Technical diagnosis:

The price is below the moving averages MA(7), MA(25), and MA(99), indicating a bearish structure in the short term.

However, a possible “hammer” reversal candle is observed right at the support of $2,743, along with an increase in buying volume.

This could suggest a phase of technical rebound or lateral consolidation before the next significant movement.

✅ Recommended trading actions:

📌 Conservative strategy:

Wait for a close above $2,790 (MA25) with increasing volume to enter long. Stop-loss at $2,740 and target at $2,820–$2,850.

📌 Intraday scalpers:

Take advantage of rebounds from $2,750 to $2,770–$2,780 with tight stops. Ideal for quick trades with low risk.

📌 Range traders:

Identify consolidation between $2,745–$2,790 and trade rebounds within that channel.

💬 Are you buying this dip or waiting for trend confirmation?