$ETH is moving. But the real move may not have started yet.
$ETH is sitting around $2,417, up 3.49% today.
The interesting part?
ETH just pushed through the $2,417 area with a strong burst of buying, while the short-term chart is showing buyers taking control.
But there’s a problem.
The 24h high is $2,447.98.
That’s the level standing above this move.
If ETH breaks and holds that zone, this small push could start looking very different.
But if buyers get rejected there, today’s strength could turn into another trap for late entries.
$2,448 is where I’m watching.
Break it and ETH may have room to run.
Reject it and the market gets a very different story.
So what’s ETH setting up for here:
a breakout, or another rejection?
#ETH $ETH #crypto
$ETH is sitting around $2,417, up 3.49% today.
The interesting part?
ETH just pushed through the $2,417 area with a strong burst of buying, while the short-term chart is showing buyers taking control.
But there’s a problem.
The 24h high is $2,447.98.
That’s the level standing above this move.
If ETH breaks and holds that zone, this small push could start looking very different.
But if buyers get rejected there, today’s strength could turn into another trap for late entries.
$2,448 is where I’m watching.
Break it and ETH may have room to run.
Reject it and the market gets a very different story.
So what’s ETH setting up for here:
a breakout, or another rejection?
#ETH $ETH #crypto
