$ETH 📊 Ethereum Holding the Line at $2.5K!
Despite global tensions and recent dumps, ETH shows signs of stabilisation around $2,570. RSI & MACD hint at a short-term bounce!
⚔️ Bulls need to reclaim $2,700+ to regain strength.
📈 Trade Plan (Short-Term Swing – 1D-2D):
➡️ Long Setup (High-Risk Rebound Play)
• Buy Entry: $2,560–$2,575
• Stop Loss: $2,495
• Take Profit 1 (TP1): $2,650
• Take Profit 2 (TP2): $2,705
• Risk/Reward: ~1:2+
Recent Low: $2,433
• Support Zone: $2,430 – $2,510
• Resistance: $2,607 → $2,698
• Trend: Attempting a recovery after a sharp drop
• RSI(6/12/24): Near 40–46 → Neutral to Slightly Oversold
• MACD: Bearish but flattening → Possible reversal brewing
• MA Cross: Price trying to break above MA-7 (short term)
Will ETH fuel a weekend rally or fade back into range?
Note: Strong selloff previously from $2,879. Recovery likely if BTC remains stable and no new geopolitical panic erupts.
💬 What’s your ETH game plan? #TradeSafe #CryptoAnalysis #Binance