Quick technical analysis of its action $ETH

Positive rebound and higher stability above the MA60 average:

โ€‹๐Ÿ”น Price: $2,697.36 (+0.61%)

โ€‹๐ŸŸข Resistance: $2,697.87 ๐Ÿ‘ˆ then $2,707.99

โ€‹๐Ÿ”ด Support: $2,696.08 (MA60) ๐Ÿ‘ˆ then $2,678.79

โ€‹๐Ÿ’ก Summary: Holding above the 2,696.08 average supports a breakout of 2,697.87$ toward todayโ€™s high, while breaking the MA60 cancels the immediate bullish outlook and renews selling pressure.
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