ETH just bounced off the $2,350 area and is trading near $2,400 now
That $2,350 zone lines up with recent lows and the 100-day EMA around $2,355 where buyers stepped in before
The $2,500 target sits right at a heavy resistance cluster with the 50-day EMA near $2,496 and the 20-day EMA at $2,552
But there is a catch
Volume profile data shows rejection at the $2,505 node with a vacuum below price pointing toward $2,347 as the next shelf if momentum fails
So the setup is real but the $2,500 reclaim needs a clean break and close above that zone or the bounce fades back into the lower volume shelf
$ETH $AGT $Q #ETH #Crypto
That $2,350 zone lines up with recent lows and the 100-day EMA around $2,355 where buyers stepped in before
The $2,500 target sits right at a heavy resistance cluster with the 50-day EMA near $2,496 and the 20-day EMA at $2,552
But there is a catch
Volume profile data shows rejection at the $2,505 node with a vacuum below price pointing toward $2,347 as the next shelf if momentum fails
So the setup is real but the $2,500 reclaim needs a clean break and close above that zone or the bounce fades back into the lower volume shelf
$ETH $AGT $Q #ETH #Crypto