$ETH /USDT Quick Update 🚀
Ethereum is currently hovering around $2,522.74 (+3.19%), cooling off after hitting a 24-hour high of $2,566.53. We saw a sharp rejection from the peak, pulling price action right back toward the MA60 ($2,524.85) moving average line on the shorter timeframe. Despite the pull-back, the order book sentiment remains heavily skewed, with 68.24% sell depth versus 31.76% buy depth.
Where do you think $ETH goes next? Will support hold above $2,500 for another push, or are we heading back down to test the $2,443 low? Drop your thoughts below! 👇
#ETH #Crypto #BinanceSquare #TechnicalAnalysis
Ethereum is currently hovering around $2,522.74 (+3.19%), cooling off after hitting a 24-hour high of $2,566.53. We saw a sharp rejection from the peak, pulling price action right back toward the MA60 ($2,524.85) moving average line on the shorter timeframe. Despite the pull-back, the order book sentiment remains heavily skewed, with 68.24% sell depth versus 31.76% buy depth.
Where do you think $ETH goes next? Will support hold above $2,500 for another push, or are we heading back down to test the $2,443 low? Drop your thoughts below! 👇
#ETH #Crypto #BinanceSquare #TechnicalAnalysis
