$ETH – Strong rebound from the support area at $2,512

Re-testing the EMA crossover indicates a bullish breakout

ETH has sharply rebounded from a low of $2,512, regaining the EMA(7) and pushing toward the EMA(25/99) cluster near $2,545.

A clean breakout above this crossover could lead to a continued move upward toward the resistance range of $2,568–$2,605.

Trade Setup:

• Entry Point: $2,540 – $2,548

• Stop Loss: $2,510

• Take Profit:

• TP1: $2,568

• TP2: $2,589

• TP3: $2,605

Market Outlook:

ETH shows early signs of recovery. Staying above $2,537 and breaking the resistance at $2,548 may lead to further upward momentum.

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