$ETH /USDT – Pullback in Progress, Eyes on the $2,740 Support! ⚙️🩶
Momentum Analysis:
Ethereum is cooling off at $2,767.11 (-0.64%), consolidating just above its 24h low of $2,743.75. After failing to sustain above $2,879.22, ETH is testing lower support as bulls attempt to regroup.
📈 Long Setup (Support Rebound Play):
Entry Zone: $2,735 – $2,775
Targets:
T1: $2,820
T2: $2,880
T3: $2,960
Stop Loss: $2,695 (below structural support)
🔓 Breakout Confirmation Level: $2,885
🛡️ Key Support: $2,740
Pro Tip for Traders:
With 831,661 ETH traded and $2.33B in USDT volume, Ethereum is showing resilience near the $2,740 zone. If bulls defend it, expect momentum to return quickly — especially if BTC holds above $108K.
