ETH ETH is strengthening in sync with the broader market, rebounding from a low near 2460, surging to touch 2534, and now pulling back to around 2521.
$ETH on the 15-minute chart shows short-term bullish sentiment warming up, with the price back above the moving average and SuperTrend turning bullish. However, this rally is a recovery after a sharp drop, with 2534 acting as a strong short-term resistance. To continue upward, this high must be broken.
$ETH support below is seen at 2498, a key defense level for this rebound. If this level breaks, weakness may return with a risk of retesting previous lows.
Short-term strategy:
For holders, place stop-loss below 2498; if defended, continue holding, but consider reducing positions to avoid pullback if broken.
For those not yet in, avoid chasing highs as a pullback after the surge is likely; wait for a
pullback to support and stabilization before looking for opportunities.
