🚨$ETH Bulls Need to Prove It
Ethereum is trading near $2,420, down around 0.8% over 24 hours after rejection near $2,490
The rebound from $2,325 showed buyers were active, but momentum has cooled again
📍 $2,490–$2,500: First reclaim zone
📈 $2,550: Stronger bullish confirmation
🎯 $2,800: Bigger target if structure improves
⚠️ $2,390: Near-term support to watch
A bullish divergence can signal fading selling pressure, but it doesn't guarantee a rally
I'd want ETH to reclaim resistance before treating $2,800 as the next serious target
Is this a pause before recovery, or are bears still in control?
Ethereum is trading near $2,420, down around 0.8% over 24 hours after rejection near $2,490
The rebound from $2,325 showed buyers were active, but momentum has cooled again
📍 $2,490–$2,500: First reclaim zone
📈 $2,550: Stronger bullish confirmation
🎯 $2,800: Bigger target if structure improves
⚠️ $2,390: Near-term support to watch
A bullish divergence can signal fading selling pressure, but it doesn't guarantee a rally
I'd want ETH to reclaim resistance before treating $2,800 as the next serious target
Is this a pause before recovery, or are bears still in control?