$ETH /USDT

📊 ETH/USDT Market Overview

Current Price: $2,500.18

24h Change: -5.24% 🔻

24h High: $2,680.34

24h Low: $2,482.53

24h Volume:

ETH: 726,484.31

USDT: 1.87B

🧱 Key Technical Levels

ZonePriceTypeResistance 1$2,534.98–$2,564Previous support → flipped resistanceResistance 2$2,594–$2,620Supply zone from last dropCurrent Price$2,500.18Consolidating near 24h lowSupport 1$2,482.5324h low + weak bounceSupport 2$2,420–$2,450Previous range base

🔁 Price Structure & Trend

Short-Term Trend: Bearish

Momentum: Strong downside volume in the last 6 hours.

Price Action: ETH broke below $2,600 → failed to hold $2,534 area → now compressing between $2,500–$2,480.

📉 Market Sentiment

Bearish Bias: Dominant below $2,534.

Bounce Risk: ETH near intraday oversold; but no reversal candle yet.

Volume: Heavy selling pressure, suggesting bears are in control short-term.

📌 Trade Scenarios

✅ Scenario A: Bounce Rebound (High Risk)

Entry: $2,485–$2,500

Target: $2,534 → $2,560

Stop Loss: $2,470

Only valid if bounce candle forms on 1h chart with volume pickup.

❌ Scenario B: Breakdown Continuation

Entry: Below $2,480 (candle close)

Target: $2,450 → $2,420

Stop Loss: $2,510

Confirmation needed with volume + candle body close under $2,480.

📈 Strategy Tip

"Wait for confirmation" – Don’t front-run a bounce. Watch 1h RSI & volume. ETH is at key junction; a decisive move likely in the next few candles.

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