📊 ETH IS APPROACHING A DECISIVE ZONE
Ethereum ($ETH ) is trading near $2,467, after posting a rebound of more than 2% over the last 12 hours. Activity remains elevated, with approximately $887 million moving in 24h, while the price seeks to push higher over the $2,475–$2,535 region. 🔥
🔎 Key points on the chart
The short-term structure shows signs of recovery, with ETH building higher lows and higher highs after reacting in the $2,410 area.
The main support zone lies between $2,410 and $2,440, while $2,478 appears as the first relevant barrier for the continuation of the uptrend.
🎯 Technical outlook
• Entry: $2,420–$2,440
• Target: $2,550
• Invalidation: below $2,385
⚡ The most favorable scenario would be a pullback toward the support range, accompanied by a consistent buy reaction. If ETH can reclaim $2,478, the odds of a move toward $2,535–2,550 increase.
As long as the price remains above $2,385, the short-term recovery structure stays intact. 📈
#ETH #Ethereum
Ethereum ($ETH ) is trading near $2,467, after posting a rebound of more than 2% over the last 12 hours. Activity remains elevated, with approximately $887 million moving in 24h, while the price seeks to push higher over the $2,475–$2,535 region. 🔥
🔎 Key points on the chart
The short-term structure shows signs of recovery, with ETH building higher lows and higher highs after reacting in the $2,410 area.
The main support zone lies between $2,410 and $2,440, while $2,478 appears as the first relevant barrier for the continuation of the uptrend.
🎯 Technical outlook
• Entry: $2,420–$2,440
• Target: $2,550
• Invalidation: below $2,385
⚡ The most favorable scenario would be a pullback toward the support range, accompanied by a consistent buy reaction. If ETH can reclaim $2,478, the odds of a move toward $2,535–2,550 increase.
As long as the price remains above $2,385, the short-term recovery structure stays intact. 📈
#ETH #Ethereum
