$ETH - BREAKOUT OR PULLBACK BEFORE ROUND TWO?
Guys, $ETH has been ripping hard after breaking above the $2,300 area, but now price is entering a major resistance zone around $2,400–$2,500. Recent market data also shows strong momentum, but overbought conditions mean a pullback can happen quickly.
Right now, $2,400–$2,420 is the zone I’m watching closely. If buyers defend this area and ETH pushes back above $2,500, the next upside levels could be $2,600 → $2,700 → $2,800.
But if $2,400 gets rejected strongly, a healthy retest toward $2,300 → $2,260 could come before bulls attempt another breakout.
The move has been aggressive… but can $ETH turn $2,500 into support and start the next leg higher?
Guys, $ETH has been ripping hard after breaking above the $2,300 area, but now price is entering a major resistance zone around $2,400–$2,500. Recent market data also shows strong momentum, but overbought conditions mean a pullback can happen quickly.
Right now, $2,400–$2,420 is the zone I’m watching closely. If buyers defend this area and ETH pushes back above $2,500, the next upside levels could be $2,600 → $2,700 → $2,800.
But if $2,400 gets rejected strongly, a healthy retest toward $2,300 → $2,260 could come before bulls attempt another breakout.
The move has been aggressive… but can $ETH turn $2,500 into support and start the next leg higher?