$ETH Market Update – Cooling Off After Rally, Retest Likely
BullishBanter
Updated at: 8 hours ago
{"content":"$ETH Market Update – Cooling Off After Rally, Retest Likely Ahead
#Ethereum is currently showing a short-term pullback after reaching a local high of $2,624. The price is gradually easing down and now trading around $2,436. This signals the start of a healthy correction phase after a strong upside run.
If the downward momentum continues, we could see ETH retesting key support near $2,200. This level aligns with the previous breakout zone and may act as a strong demand area for buyers.
The market has been moving sideways for the past few candles, with no immediate bounce. Smart entries could come on a dip toward that $2,200 zone.
Key Levels to Watch: • Immediate Support: $2,200
• Resistance Zone: $2,475 – $2,620
Avoid chasing—let the price come to your level. Patience pays off in volatile ranges.
Trade here on $ETH
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