$ETH Key Support Levels

• $2,500–2,520 zone: Near-term anchor; coincides with 50-day EMA and intraday low

• $2,440–2,460 cluster: Fibonacci + structural support for deeper correction

• $2,300–2,420 range: Critical long-term base/retracement support

🧱 Key Resistance Levels

• $2,750–2,800 band: Recent supply zone and 200‑day EMA region

• $2,846–2,875 range: 0.618 Fib resistance from recent highs

• $3,000: Psychological + next technical target if recovery follows

📊 Technical Indicators

• RSI (30‑min/4‑hr): Currently oversold (~30), indicating potential bounce

• MACD & Ichimoku (short‑term): Bearish, showing momentum loss from mid‑June

• Chart Structure: ETH failed to hold $2,750–2,800, triggering a wedge breakdown and fast drop

🌐 Macro & Fundamental Context

• ETF & Whale support: Despite pullback, inflows into spot ETH ETFs and whale accumulation maintain mid‑term bullish bias

• Profit‑taking from recent rally: After breaching $2,700–2,800, traders locked in gains—prompting this rapid dip

🎯 Forecast & Strategy

• Short‑term: Expect bounce from $2,500–2,520. If broken, look toward $2,440–2,460.

• Medium‑term: Reclaiming $2,750 could reignite run to $3,000–3,100. Failure may extend range consolidation.

• Volatility: Use tight stop-losses; ideal entry if RSI confirms bounce and volume picks up.

💬 Your Turn!

• Will $ETH hold at $2,500 and rebound, or test lower?

• Think mid‑term momentum vs short-term correction?

👇 Share your take—and let’s discuss! 👇