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$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 {future}(ETHUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/12/3f2166f7870f436baf32c3e048c90040.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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