$ETH ⚪️ETH update : After the rejection from the upper resistance, ETH is now holding above this short-term horizontal support.

The recent cooldown looks pretty much as expected, and for now, price is moving sideways above this local support zone around $2,630–$2,650.

Let’s see how this support reacts. If ETH breaks below it, the next important support is around $2,535, which was a previous resistance area.

For now, $2,630–$2,650 is the key level to watch.