$ETH is trying to bounce after a sharp sell-off.
Price dropped from around 2,700 to a 2,538 low and is now recovering near 2,574. On the 1H chart, the structure is still weak, so I’m not calling this a reversal yet.
My key levels:
Support: 2,538–2,550
First resistance: 2,600–2,612
Major resistance: 2,680–2,700
If ETH reclaims 2,612 and holds, the bounce could gain momentum. If 2,538 breaks, sellers may take control again.
For me, confirmation matters more than chasing the first green candles.
#Ethereum #ETH #Crypto #Altcoins #Trading
Price dropped from around 2,700 to a 2,538 low and is now recovering near 2,574. On the 1H chart, the structure is still weak, so I’m not calling this a reversal yet.
My key levels:
Support: 2,538–2,550
First resistance: 2,600–2,612
Major resistance: 2,680–2,700
If ETH reclaims 2,612 and holds, the bounce could gain momentum. If 2,538 breaks, sellers may take control again.
For me, confirmation matters more than chasing the first green candles.
#Ethereum #ETH #Crypto #Altcoins #Trading