$ETH Breaks the Downtrend Line... Now 2,540–2,570 Is the Real Test
ETH reacted strongly from the 2,330–2,360 support zone and has now managed to climb back above the downtrend line. This is the first important sign that buyers are trying to regain control.
Next price: 2,500
Immediate resistance: 2,480–2,500
Major resistance: 2,540–2,570
Key support: 2,400–2,420
Major support: 2,330–2,360
As long as ETH stays above the broken trendline and holds above 2,400, I expect another attempt to move up toward 2,540–2,570.
A clear break above 2,570 would significantly strengthen the bullish recovery. But if the price falls back below the trendline, this breakout could quickly turn into a false breakout.
Support held. The trendline broke. Now buyers need to prove it by pushing the price up to 2,540+.
Trade on $ETH
#ETH
#BNB
#SOL
ETH reacted strongly from the 2,330–2,360 support zone and has now managed to climb back above the downtrend line. This is the first important sign that buyers are trying to regain control.
Next price: 2,500
Immediate resistance: 2,480–2,500
Major resistance: 2,540–2,570
Key support: 2,400–2,420
Major support: 2,330–2,360
As long as ETH stays above the broken trendline and holds above 2,400, I expect another attempt to move up toward 2,540–2,570.
A clear break above 2,570 would significantly strengthen the bullish recovery. But if the price falls back below the trendline, this breakout could quickly turn into a false breakout.
Support held. The trendline broke. Now buyers need to prove it by pushing the price up to 2,540+.
Trade on $ETH
#ETH
#BNB
#SOL