$ETH Ethereum is showing a bullish rebound structure around the $2,480 reclaim level. Price at $2,485 has reclaimed the 20-day EMA at $2,470, while expanding buying volume on dips supports the current setup. Rising OI with steady funding indicates new long positioning. The key structure remains focused on holding $2,420 while challenging $2,580 resistance.
📈 Bias: Bullish Rebound | 🎯 Entry: $2,460 – $2,485 | 🛡 Support: $2,420 | 🚧 Resistance: $2,580 | 🎯 Targets: $2,550 / $2,640 / $2,750 | ❌ Invalidation: $2,390
Strategy: Confirmation entry on continued reclaim strength or support entry near the defined zone.
#ETH #Ethereum #CryptoTrading #Binance #TechnicalAnalysis