$ETH _Ethereum has shown impressive strength over the past week, gaining roughly 27–30% depending on the price source and measurement period. Today, however, $ETH is experiencing a pullback around the $2.45K–$2.5K region.
📊 Candle/Price Action Analysis:
After a strong upward move, consecutive smaller candles or bearish candles near resistance can indicate that buyers are taking profits.
The important thing is not simply whether $ETH is red today. What matters is whether sellers can push price below the recent support area.
A bullish rejection from support, especially a candle with a lower wick followed by a strong green close, could show buyers are still defending the trend.
🔑 Key levels:
Support: ~$2.40K
Resistance: ~$2.50K–$2.60K
🔮 My prediction:
If $ETH holds above $2.40K, buyers could attempt another move toward $2.60K.
If $2.40K breaks decisively, a deeper correction becomes more likely.
The current setup looks more like profit-taking after a strong rally than a confirmed trend reversal.
