Trade Idea – 9 July 2025: Ethereum (ETH) Rebound at $2,600 Support

Ethereum is currently trading around $2,607, bouncing off a strong support zone near $2,600. With bullish signals on the short-term chart, this presents a potential rebound opportunity for traders today.

🔍 Technical Snapshot:

Current Price: ~$2,607

Support Zone: $2,600 – $2,620

Resistance Targets: $2,700 and $2,800

Indicators:

RSI steady between 45–50 (neutral leaning bullish)

MACD showing signs of a bullish crossover

Volume has climbed during the Asian session

📈 Trade Suggestion:

Entry Range: $2,605 – $2,615

Target 1: $2,700

Target 2: $2,800

Stop Loss: $2,560

Risk–Reward Ratio: Approximately 1:2

🕒 Best Trading Windows (UTC):

Asian session: 2 AM – 6 AM

London session: 8 AM – 11 AM

US session: 1 PM – 4 PM

📢 Summary:

Ethereum's strong reaction around $2,600 support suggests upside potential toward $2,700–$2,800. Watch for confirmation through volume and candle closes above entry zone. Always manage risk properly with a stop loss at $2,560.