📊 $ETH Market Update — Recovery in Progress

Price: $2,492.54 (-2.95%)
Ethereum showing recovery after sharp drop from $2,542

🔍 Key Statistics:
• 24h High: $2,577.39
• 24h Low: $2,406.11
• Volume: 414K ETH ($1.03B USDT)

📈 Moving Averages:
MA(7): 2,487.66
MA(25): 2,481.03
MA(99): 2,507.36 — Key resistance level

💡 Market Insights:
• Price bounced off 2,406 support with high volume
• Now consolidating near MA(7) & MA(25)
• Watching MA(99) for next trend confirmation

Trend: Recovery Phase
Sentiment: Cautious Optimistic

This is educational analysis only, not financial advice. DYOR.

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