⚠️ $ETH is sitting in a very interesting spot — and I’m not chasing this move yet.
ETH/USDT is around $2,520.15, while the visible MA60 is at $2,522.19. Price recently pushed up toward the $2,522 area, but couldn’t hold the move and slipped back toward $2,520.
What caught my attention is the short-term rejection from the $2,522.09–$2,522.65 zone. For me, that’s the key area to watch. 📊
On the downside, price is currently testing the visible $2,519.88–$2,520.14 area. If this zone keeps holding, buyers still have a chance to push ETH back toward the MA60 and resistance.
🔥 Bullish confirmation: I’d want to see ETH reclaim and hold above $2,522.19, preferably with stronger volume.
⚠️ Weakness: If price loses the $2,519.88 area, this setup becomes less attractive and I’d avoid forcing a long.
Volume also shows an earlier spike followed by much lighter activity, so I’m waiting for confirmation rather than guessing the next move.
My view: $2,522 is the level I care about most right now. Let price prove the direction first.
ETH/USDT is around $2,520.15, while the visible MA60 is at $2,522.19. Price recently pushed up toward the $2,522 area, but couldn’t hold the move and slipped back toward $2,520.
What caught my attention is the short-term rejection from the $2,522.09–$2,522.65 zone. For me, that’s the key area to watch. 📊
On the downside, price is currently testing the visible $2,519.88–$2,520.14 area. If this zone keeps holding, buyers still have a chance to push ETH back toward the MA60 and resistance.
🔥 Bullish confirmation: I’d want to see ETH reclaim and hold above $2,522.19, preferably with stronger volume.
⚠️ Weakness: If price loses the $2,519.88 area, this setup becomes less attractive and I’d avoid forcing a long.
Volume also shows an earlier spike followed by much lighter activity, so I’m waiting for confirmation rather than guessing the next move.
My view: $2,522 is the level I care about most right now. Let price prove the direction first.
