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$ETH /USDT – Testing Key Support at $2,480: Breakdown or Bounce? ⚖️
Ethereum (
$ETH ) is under pressure, currently trading at $2,483.33, down -1.11%. With strong volume and volatility, it’s a make-or-break zone near the 24h low of $2,482.15. Let's break it down:
📊 Market Overview
📍 Current Price: $2,483.33
📈 24h High: $2,548.63
❄️ 24h Low: $2,482.15
🔄 24h Volume:
ETH: 285,254.67
USDT: $716.81M
📉 Technical Snapshot:
Consolidation range: $2,480 – $2,550
Near key support zone
Lower highs suggest weakening momentum
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$ETH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If $ethHolds Above $2,480):
Entry: Above $2,500
Targets: $2,540, $2,575, $2,620
Stop-Loss: $2,470
🔹 Bearish Scenario (If $ethBreaks Below $2,480):
Entry: Below $2,480
Targets: $2,440, $2,400, $2,360
Stop-Loss: $2,510
🔍 ETH Strategy Analysis
✅ Holding $2,480 support = potential bounce play
⚠️ Breakdown below $2,470 = short-term bearish pressure
✅ Volume is strong, but directional bias still undecided
💡 Pro Tip:
Wait for confirmation—either a close above $2,500 for long or break below $2,470 for short. ETH tends to move fast after fakeouts, so keep your stops tight!
📢 Are you watching this ETH zone? Bull trap or bear setup? Comment your take!
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