ETHEREUM (ETH) — BREAKOUT OR REJECTION?
$ETH is trading around $2.49K, with price currently sitting between the $2.4K support area and the $2.5K–$2.55K resistance zone. A move above $2.55K would put the larger $2,665 resistance level back into focus. �
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Key Levels
Support: $2,430–$2,400
Resistance: $2,500–$2,550
Major Resistance: $2,665
Breakout: Above $2,665
Target Zone: $2,750–$2,800
Bullish Scenario: ETH reclaiming $2,550 and then breaking $2,665 with volume could open the path toward $2,750–$2,800.
Bearish Scenario: Failure around $2,550 followed by a break below $2,430 could bring $2,400 and potentially $2,350 into focus.
Trader Question:
Will ETH break $2,550 first, or retest $2,400?
#Ethereum #ETH #Crypto #ETHUSDT #BinanceSquare #CryptoAnalysis #Trading
$ETH is trading around $2.49K, with price currently sitting between the $2.4K support area and the $2.5K–$2.55K resistance zone. A move above $2.55K would put the larger $2,665 resistance level back into focus. �
Investing.com +1
Key Levels
Support: $2,430–$2,400
Resistance: $2,500–$2,550
Major Resistance: $2,665
Breakout: Above $2,665
Target Zone: $2,750–$2,800
Bullish Scenario: ETH reclaiming $2,550 and then breaking $2,665 with volume could open the path toward $2,750–$2,800.
Bearish Scenario: Failure around $2,550 followed by a break below $2,430 could bring $2,400 and potentially $2,350 into focus.
Trader Question:
Will ETH break $2,550 first, or retest $2,400?
#Ethereum #ETH #Crypto #ETHUSDT #BinanceSquare #CryptoAnalysis #Trading
