$ETH en 2,380: does it rise to 2,418 or fall to 2,273?
$ETH trades at US$2,380, up 4.15% in 24h. The day's range was between 2,226 and 2,387, and volume reached US$522 M. The EMA20 at 2,289 and EMA50 at 2,297 indicate a sideways trend; an RSI of 68.7 suggests there is still room to rise.
$ZEC (+11.1%) and $NEAR (+7.7%) are also moving.
Key support levels are 2,369 and 2,273, while resistance levels are at 2,418 and 2,527. In Binance futures, funding is +0.0100% every 8 h, and 68% of accounts are long, reinforcing upward pressure.
Bullish scenario: if it breaks through the 2,418 resistance, the next target would be 2,527; any close below 2,369 would invalidate the rally.
Bearish scenario: a drop below 2,273 would trigger a decline toward 2,226; staying above 2,418 would rule out the drop.
I wouldn't enter now without confirmation of a breakout; I'd rather wait for clarity. Will it break 2,418 or return to 2,369? 🟢🔴
#Ethereum #DeFi
This is not financial advice. Verify before investing.
$ETH trades at US$2,380, up 4.15% in 24h. The day's range was between 2,226 and 2,387, and volume reached US$522 M. The EMA20 at 2,289 and EMA50 at 2,297 indicate a sideways trend; an RSI of 68.7 suggests there is still room to rise.
$ZEC (+11.1%) and $NEAR (+7.7%) are also moving.
Key support levels are 2,369 and 2,273, while resistance levels are at 2,418 and 2,527. In Binance futures, funding is +0.0100% every 8 h, and 68% of accounts are long, reinforcing upward pressure.
Bullish scenario: if it breaks through the 2,418 resistance, the next target would be 2,527; any close below 2,369 would invalidate the rally.
Bearish scenario: a drop below 2,273 would trigger a decline toward 2,226; staying above 2,418 would rule out the drop.
I wouldn't enter now without confirmation of a breakout; I'd rather wait for clarity. Will it break 2,418 or return to 2,369? 🟢🔴
#Ethereum #DeFi
This is not financial advice. Verify before investing.
