โ๐ฅ Ethereum Path Update | $ETH โLocal positive movement and consolidation above the moving averages! โThe ETH/USDT pair shows stable price action with a positive rebound toward the 2,508.77$ levels, trading above its moving average (MA60 at 2,506.82$). This consolidation gives buyers an opportunity to test higher resistance areas, as long as the price maintains stability above nearby support levels. โ๐ Positive scenario and expected targets: ๐ฏ First target: 2,520$ (testing the 24-hour high and increasing momentum). ๐ฏ Second target: 2,550$ (confirming the breakout and continuing toward higher levels). โโ ๏ธ Risk management and the critical condition: Adhering to a stop loss is the foundation of trading. A clear break and close below the support level of 2,497$ (the lowest level in the past 24 hours) will temporarily invalidate this positive outlook and require caution. โ๐ก Trade wisely and with strict capital management, as opportunities continue for those who stick to their plan! ๐ผ๐ โ#ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #EthereumNews #crypto #EthereumSurpasses2500USDT #ุชุฏุงูู
โ๐ค What do you expect the next move to be? Will LUMIA continue rising and retest the 0.1840 high, or will we see a correction and profit-taking? Share your thoughts in the comments!๐