đš $ETH IS AT A DECISION ZONE
Ethereum is giving traders a very interesting setup today.
$ETH briefly moved above $2,650 on Binance, but volatility remains high around the $2,650â$2,700 area. (Pluang)
Meanwhile, U.S. spot ETH ETFs recorded about $104.5M of net inflows on September 23, extending the positive-flow streak to four sessions. (Farside Investors)
â ïž One more thing traders are watching: Binance recorded an $11.49M ETH long liquidation at $2,628 today, showing how quickly leveraged positions can be forced out during volatility. (Pluang)
đ Quick chart setup â watch, donât chase:
âą Resistance: $2,700 area
âą Near support: ~$2,650
âą Stronger support: ~$2,560â$2,565
âą Above resistance â watch for confirmation
âą Below support â watch for further weakness
đŹ The real question:
If ETH gets back above $2,700, do you think buyers can hold it â or is another rejection waiting?
$ETH
#Ethereum #ETH #cryptotrading #CryptoMarket #Binance
Ethereum is giving traders a very interesting setup today.
$ETH briefly moved above $2,650 on Binance, but volatility remains high around the $2,650â$2,700 area. (Pluang)
Meanwhile, U.S. spot ETH ETFs recorded about $104.5M of net inflows on September 23, extending the positive-flow streak to four sessions. (Farside Investors)
â ïž One more thing traders are watching: Binance recorded an $11.49M ETH long liquidation at $2,628 today, showing how quickly leveraged positions can be forced out during volatility. (Pluang)
đ Quick chart setup â watch, donât chase:
âą Resistance: $2,700 area
âą Near support: ~$2,650
âą Stronger support: ~$2,560â$2,565
âą Above resistance â watch for confirmation
âą Below support â watch for further weakness
đŹ The real question:
If ETH gets back above $2,700, do you think buyers can hold it â or is another rejection waiting?
$ETH
#Ethereum #ETH #cryptotrading #CryptoMarket #Binance