🚨 $ETH /USDC Price Rejection or Retest? 15-Min Analysis!
📊 Ethereum surged to a 24h high of $2,605.55 before facing a strong pullback. After touching the MA(25) at $2,566.59, it’s now consolidating around $2,564.60, slightly above the MA(7).
📉 This pullback may be a temporary correction, or a signal for a deeper retracement unless ETH flips $2,566 into support again. The MA(99) at $2,536.71 is the next key support to watch.
🔧 Trade Setup:
Setup: SHORT (if rejection confirmed) or LONG (on 15m bullish confirmation)
Entry: $2,564.00
Target 1: $2,588.00
Target 2: $2,605.00
Stop Loss: $2,545.00
📌 Takeaway: Wait for a clear break above $2,567 or a rejection below $2,545 for best confirmation.