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udaibali
ETH short-term bounce setup
$ETH is around $2,575–$2,585 now after yesterday’s sharp 4.5% drop from ~$2,700.
The short-term focus is $2,540–$2,570 support. ETH is trying to stabilize here, while intraday MA5/MA10 are turning positive.
Plan:
- Support: $2,540–$2,570
- Rebound targets: $2,620 → $2,680
- Key resistance: $2,700
- If $2,540 breaks, avoid chasing longs and watch for another leg down.
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