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