Ethereum Attempts Bounce After Sharp Pullback
Ethereum $ETH is trading around $2,563.01 after retracing from a recent peak above $2,600. The price action shows a sharp drop followed by a minor recovery, suggesting buyers are gradually stepping back in. If ETH holds above the $2,550 support level, we could see another retest of $2,590–$2,600. However, a break below $2,540 may expose it to deeper downside towards $2,520.
Trade Setup:
Entry: $2,560
Take-Profit: $2,600
Stop-Loss: $2,535
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