$ETH /USDT Technical Summary
Current Price: $2,551.78
Trend: Short-term bearish after sharp drop from $2,879
Support Zone: $2,430 – $2,436 (recent bounce area)
Resistance Levels: $2,656 / $2,780 / $2,879
Volume: High sell volume signals potential capitulation, but also possible reversal
Long Setup
Entry Zone: $2,530 – $2,560
Stop Loss: Below $2,430
Targets:
Target 1: $2,656
Target 2: $2,780
Target 3: $2,879 (final target)
Outlook:
ETH is holding above key support. If buyers reclaim $2,600 with momentum, a recovery bounce is likely. Watch for confirmation in price action and volume.
