ETH IS TESTING A MAJOR RESISTANCE — BREAKOUT OR REJECTION?
$ETH is trading around $2,670 and consolidating below the $2,700–$2,760 resistance zone. The market is waiting for confirmation because a breakout could bring fresh momentum, while rejection may send price back toward the nearby support area.
Key levels I’m watching:
Resistance 1: $2,700
Resistance 2: $2,760
Support 1: $2,600
Support 2: $2,565
Bullish scenario:
A strong 4H close above $2,700 with increasing volume could open the way toward $2,760 and potentially $2,850.
Bearish scenario:
If ETH gets rejected from $2,700–$2,760 and loses $2,600, the next important area to watch is $2,565.
Possible trade setup:
For a breakout setup, confirmation above $2,700 is important. For a pullback setup, the $2,565–$2,600 zone becomes the key area to monitor.
Question:
Will ETH finally break $2,700, or will sellers defend the resistance zone again?
#ETH #Ethereum #ETHUSDT #Crypto #BinanceSquare #CryptoTrading
$ETH is trading around $2,670 and consolidating below the $2,700–$2,760 resistance zone. The market is waiting for confirmation because a breakout could bring fresh momentum, while rejection may send price back toward the nearby support area.
Key levels I’m watching:
Resistance 1: $2,700
Resistance 2: $2,760
Support 1: $2,600
Support 2: $2,565
Bullish scenario:
A strong 4H close above $2,700 with increasing volume could open the way toward $2,760 and potentially $2,850.
Bearish scenario:
If ETH gets rejected from $2,700–$2,760 and loses $2,600, the next important area to watch is $2,565.
Possible trade setup:
For a breakout setup, confirmation above $2,700 is important. For a pullback setup, the $2,565–$2,600 zone becomes the key area to monitor.
Question:
Will ETH finally break $2,700, or will sellers defend the resistance zone again?
#ETH #Ethereum #ETHUSDT #Crypto #BinanceSquare #CryptoTrading
