$ETH Ethereum is facing short-term selling pressure, with price action near the $2,400–$2,500 zone. Buyers need to reclaim key resistance to confirm a recovery.
- Support: $2,400–$2,425
- Resistance: $2,520–$2,580
- Bullish scenario: A breakout above $2,580 could push ETH toward $2,650.
- Bearish scenario: A breakdown below $2,400 could trigger further losses.
Market sentiment: Short-term bearish; a bullish reversal requires confirmation.
- Support: $2,400–$2,425
- Resistance: $2,520–$2,580
- Bullish scenario: A breakout above $2,580 could push ETH toward $2,650.
- Bearish scenario: A breakdown below $2,400 could trigger further losses.
Market sentiment: Short-term bearish; a bullish reversal requires confirmation.