$ETH is trading around $2,488.46, still up +1.35% over the last 24 hours. The earlier spike toward $2,523.97 was aggressively rejected, but price is now approaching the $2,482–$2,489 support zone, where another reaction could develop.
The short-term structure is under pressure, so I wouldn't chase the bounce. A bullish setup becomes more attractive if ETH holds this support and reclaims $2,498–$2,500 with convincing momentum.
• Entry Zone: $2,483 – $2,490
• Target 1 🎯: $2,499
• Target 2 🎯: $2,508
• Target 3 🎯: $2,524
• Stop Loss: $2,476
A strong reclaim of $2,500 could bring buyers back into control and open another test of $2,508 and $2,524. However, a clean breakdown below $2,482 would invalidate this bullish idea and favor further downside.
The short-term structure is under pressure, so I wouldn't chase the bounce. A bullish setup becomes more attractive if ETH holds this support and reclaims $2,498–$2,500 with convincing momentum.
• Entry Zone: $2,483 – $2,490
• Target 1 🎯: $2,499
• Target 2 🎯: $2,508
• Target 3 🎯: $2,524
• Stop Loss: $2,476
A strong reclaim of $2,500 could bring buyers back into control and open another test of $2,508 and $2,524. However, a clean breakdown below $2,482 would invalidate this bullish idea and favor further downside.
