โ$ETH /USDT Short-term Market Update ๐๐
โEthereum experienced a sharp sudden pullback from the $2,695 resistance level down to test the local support near $2,591.
โKey Technical Highlights:
๐ Current Price: ~$2,611
๐ Immediate Support: $2,590 - $2,600
๐ Immediate Resistance: $2,650 (MA 25) & $2,690 (MA 99)
โAfter a high-volume liquidation wick down to $2,591, price action is currently consolidating around $2,611. Buyers need to defend the $2,590 support zone to prevent further downside risk toward lower key levels. A recovery above $2,650 could open room for a quick rebound.
โAre you buying the dip or waiting for a clearer trend confirmation? Let us know below! ๐
โ#EthereumNews #Ethereum #CryptoAnalysis" #BinanceSquare #TechnicalAnalysi
โEthereum experienced a sharp sudden pullback from the $2,695 resistance level down to test the local support near $2,591.
โKey Technical Highlights:
๐ Current Price: ~$2,611
๐ Immediate Support: $2,590 - $2,600
๐ Immediate Resistance: $2,650 (MA 25) & $2,690 (MA 99)
โAfter a high-volume liquidation wick down to $2,591, price action is currently consolidating around $2,611. Buyers need to defend the $2,590 support zone to prevent further downside risk toward lower key levels. A recovery above $2,650 could open room for a quick rebound.
โAre you buying the dip or waiting for a clearer trend confirmation? Let us know below! ๐
โ#EthereumNews #Ethereum #CryptoAnalysis" #BinanceSquare #TechnicalAnalysi
