$ETH / USDT Analysis:
$ETH is consolidating* above $2400 support and below $2550–2600 resistance. ETH’s structure is still above MA200 ($2284), so the *ETH bullish structure* remains intact on the higher timeframe.
*On the direction lines:*
1. $ETH First Support $2400* - Arrow showing ETH bouncing up from the yellow line
2. ETH Resistance Zone $2550–2600* - *ETH rejection possible here*
3. *ETH bullish continuation path → Target $2750* - Green arrow showing a breakout
4. *ETH pullback path if rejection → $2300* - Red dashed arrow showing the downward direction
*ETH Direction Watch:*
Breakout above $2600 = ETH’s bullish move toward $2750
Breakdown below $2400 = ETH’s pullback to $2300 / $2200 strong support
#ETH #Ethereum #ETHUSDT #ETHAnalysis
$ETH is consolidating* above $2400 support and below $2550–2600 resistance. ETH’s structure is still above MA200 ($2284), so the *ETH bullish structure* remains intact on the higher timeframe.
*On the direction lines:*
1. $ETH First Support $2400* - Arrow showing ETH bouncing up from the yellow line
2. ETH Resistance Zone $2550–2600* - *ETH rejection possible here*
3. *ETH bullish continuation path → Target $2750* - Green arrow showing a breakout
4. *ETH pullback path if rejection → $2300* - Red dashed arrow showing the downward direction
*ETH Direction Watch:*
Breakout above $2600 = ETH’s bullish move toward $2750
Breakdown below $2400 = ETH’s pullback to $2300 / $2200 strong support
#ETH #Ethereum #ETHUSDT #ETHAnalysis