$ETH Between 2400 and 2550, and the decision is near 👀
After a strong rally during August, Ethereum has entered a clear consolidation phase. Currently, 2400 is the most important support, while 2550 represents the real barrier in front of any continued upward move.
If $ETH holds above 2400, then regains 2500 and breaks 2550 with a daily close, we could see 2575 and then 2650.
As for a break below 2400, it may open the way toward 2247, then the 2030 area.
For me, the real battle right now is at 2400 and 2550, and any clear breakout of either level may determine the next move.
$ETH 👀 👇
After a strong rally during August, Ethereum has entered a clear consolidation phase. Currently, 2400 is the most important support, while 2550 represents the real barrier in front of any continued upward move.
If $ETH holds above 2400, then regains 2500 and breaks 2550 with a daily close, we could see 2575 and then 2650.
As for a break below 2400, it may open the way toward 2247, then the 2030 area.
For me, the real battle right now is at 2400 and 2550, and any clear breakout of either level may determine the next move.
$ETH 👀 👇
