⚠️ Ethereum in the Danger Zone – Rebound or Breakdown?
Let’s break it down! 🔍
ETH recently rallied to $2,880, outperforming Bitcoin — but now it’s showing signs of weakness. Is this a buy-the-dip moment or the start of a deeper fall?
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🚀 What Just Happened?
$ETH bounced from $2,550 and smashed through key resistances: ✅ $2,650
✅ $2,720
✅ $2,800
✅ Hit $2,880
Still trading above the 100-hour SMA — short-term bullish strength remains.
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⚠️ Trend Shift Alert!
But after the rally: ❌ Rejected at $2,880
❌ Trendline around $2,800 broke down
❌ Price closed below key Fib level from $2,483 → $2,880
Now, $2,800 has flipped into resistance — and that’s a red flag.
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📉 What Do the Charts Say?
MACD: Bullish momentum fading
RSI: Below 50 — bearish tilt
SMA: Still acting as short-term support
Trendline: Broken = caution zone
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📊 Key Levels to Watch
Support Zones:
$2,755
$2,680 (major support)
$2,620
$2,550
$2,500 (last line of defense for bulls)
Resistance Zones:
$2,800 (now resistance)
$2,840
$2,880 (double top)
$2,920
$3,000–$3,120 (bullish targets)
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🟢 Scenario 1: Bullish Comeback
If ETH holds above $2,680 and reclaims $2,800, we could see a move toward:
✅ $2,880
✅ $2,920
✅ $3,000+
👉 Wait for confirmation before jumping in!
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🔻 Scenario 2: Breakdown Incoming?
If ETH breaks below $2,680, we might see a deeper correction:
❌ $2,620
❌ $2,550
❌ $2,500
This could trigger stronger selling pressure.
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🧠 Pro Tip:
This is a decision zone, not a blind entry zone.
Smart traders wait for breakout or breakdown confirmation — not guesswork.
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💬 What’s Your Move?
Will you buy the dip or wait for the breakout?
Drop your thoughts in the comments! 📉📈
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