Guys, $ETH bounced from around $2,470, but it’s now facing resistance again.
I’m watching $2,500–$2,510. If ETH reaches this zone and gets rejected, we could see a move back toward $2,480 → $2,470
But if ETH breaks above $2,510 and holds, the next move could be toward $2,530 → $2,550
🇺🇸🇮🇷 Iran keeps threatening to close off part of Hormuz, and a senior U.S. official says the Navy already controls the whole thing.
The strait is fully open, according to the official, and shipping traffic is expected to climb from here.
The reason is a covert mine-clearing operation that's been going since April. Navy special operations teams pulled out an estimated 80 naval mines, which was reported earlier this year.
Washington says it's satisfied with the flows, around 9 million barre...