đŁ ETH/USDT â 1H Setup
ETH is currently around $2.49K, consolidating after a strong rebound from the $2,406 low.
đ Support: $2,454 â $2,406
đ Resistance: $2,510 â $2,587
đ Major resistance: $2,623
đ Bullish scenario:
If ETH breaks and holds above $2,510, the next area to watch is $2,587.
đ Bearish scenario:
If $2,454 breaks, ETH could retest $2,406 support.
đ§ My view: ETH is currently in a consolidation zone. Iâd wait for a clean breakout before chasing the move.
#ETH #Ethereum #ETHUSDT #crypto #BinanceSquare
ETH is currently around $2.49K, consolidating after a strong rebound from the $2,406 low.
đ Support: $2,454 â $2,406
đ Resistance: $2,510 â $2,587
đ Major resistance: $2,623
đ Bullish scenario:
If ETH breaks and holds above $2,510, the next area to watch is $2,587.
đ Bearish scenario:
If $2,454 breaks, ETH could retest $2,406 support.
đ§ My view: ETH is currently in a consolidation zone. Iâd wait for a clean breakout before chasing the move.
#ETH #Ethereum #ETHUSDT #crypto #BinanceSquare