$ETH Under Pressure — Is a Rebound in Sight?
$ETH /USDT has dropped sharply, currently down -4.39% at $2,647.20 after falling from a 24h high of $2,784.83. It briefly hit a low of $2,616.24, indicating short-term weakness.
Potential Bounce Play Setup:
Buy Zone: $2,640 – $2,675
Target 1: $2,710
Target 2: $2,765
Stop Loss: $2,610
Why it matters: ETH is approaching a key support level. If the price stabilizes and buyers return, a swift recovery could follow. However, a breakdown below $2,610 could lead to further losses.
Watch closely: Increased buying volume near $2,655 could signal a bullish reversal.
Buy And Trade $ETH Now.