$ETH — IS A BOUNCE COMING SOON?
$ETH is showing weakness after a sharp rejection from the $2,500–$2,525 area.
Price is now around $2,440, sitting near the short-term MA(7), while the recent low at $2,405 is the key support to watch.
If bulls can reclaim $2,468–$2,500, ETH could attempt a recovery toward $2,525+.
But if $2,405 breaks, another leg down could follow quickly.
Key levels:
🟢 Support: $2,405–$2,420
🔴 Resistance: $2,468–$2,500
🎯 Upside target: $2,525–$2,570
For now, the chart looks cautiously bearish until ETH gets back above $2,468–$2,500ETH #crypto #trading
$ETH is showing weakness after a sharp rejection from the $2,500–$2,525 area.
Price is now around $2,440, sitting near the short-term MA(7), while the recent low at $2,405 is the key support to watch.
If bulls can reclaim $2,468–$2,500, ETH could attempt a recovery toward $2,525+.
But if $2,405 breaks, another leg down could follow quickly.
Key levels:
🟢 Support: $2,405–$2,420
🔴 Resistance: $2,468–$2,500
🎯 Upside target: $2,525–$2,570
For now, the chart looks cautiously bearish until ETH gets back above $2,468–$2,500ETH #crypto #trading
