🚨 Ethereum in the Danger Zone – What's Next? Bounce Back or Breakdown?
ETH recently rallied to $2,880, but now the momentum is cooling off. Let's break down what's happening and what you should watch next! 👇
📈 Quick Recap: The Rally So Far Ethereum pumped from $2,550 and smashed through:
✅ $2,650 resistance
✅ $2,720 level
✅ Even touched $2,880
Right now, price is holding above $2,750 and the 100-hour moving average – showing buyers are still in the game.
---
⚠️ Trend Shift? Caution Ahead
❌ Price got rejected hard after $2,880
❌ Uptrend line around $2,800 just broke
❌ Closed below key Fibonacci support
Now, $2,800, which was support, has flipped into resistance — never a good sign short-term.
---
📊 What the Indicators Say
📉 MACD shows momentum slowing
📉 RSI dropped below 50 = Bearish bias
✅ 100-Hour SMA still holding as support (for now)
---
📌 Key Levels to Watch 🟢 Support Zones:
$2,755 – First level to hold
$2,680 – Critical for bulls
$2,620 – Break here = deeper correction
$2,550 – Previous bounce point
$2,500 – Final key support
🔴 Resistance Zones:
$2,800 – Immediate resistance
$2,840 – Next checkpoint
$2,880 – Recent high
$2,920 – Breakout level
$3,000–$3,120 – Short-term bullish target range
---
📉 If Price Breaks Down: If ETH falls under $2,680, we could quickly drop to:
→ $2,620
→ $2,550
→ Possibly $2,500
📈 If Price Reclaims $2,800: That’s your green light. Watch for targets at:
→ $2,880
→ $2,920
→ $3,000+
🧠 Smart Tip:
Don’t jump in early. Wait for clear breakout or breakdown signals. No confirmation = no trade.
✅ Summary – What to Do
Buy if ETH reclaims $2,800
Stay cautious if ETH breaks below $2,680
Market is range-bound now — a big move could be coming soon.
💬 What’s your move? Buy the dip or wait for breakout confirmation?
Drop your thoughts in the comments & don’t forget to LIKE and SHARE this update! 🚀
#Ethereum #CryptoStrategy #AltcoinWatch