$ETH $ETH $ETH

📊 ETH/USDT Technical Analysis: Is a Breakout Coming?

ETH is currently trading at **$2,620.20**, showing signs of consolidation between key levels. The **24-hour high** of **$2,688.60** acts as the immediate resistance, while strong support sits at **$2,516.26**. This range highlights a tug-of-war between bulls and bears. If ETH can break above **$2,688**, we could witness a bullish rally, with potential upside targets in sight. However, a dip below **$2,516** may trigger further downside momentum.

🔑 **Strategy**: For traders, the ideal entry would be upon a confirmed breakout above **$2,688** for a long position, riding the momentum upwards. On the flip side, a drop below **$2,516** could present shorting opportunities. Keep an eye on these levels for decisive moves.

💡 The market is in a state of indecision, but smart traders know that big moves are often born from consolidation—position yourself wisely!

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