$ETH breakout: continuation or fakeout?
ETH is at $2,508, above MA(7), MA(25) and MA(99).
Resistance: $2,508–$2,510
Support: $2,497–$2,502
Key support: $2,490
Holding above resistance may support further upside. A rejection could bring a pullback toward support.
Trader takeaway: Wait for breakout confirmation before entering.
#ETH #Ethereum #CryptoTrading
ETH is at $2,508, above MA(7), MA(25) and MA(99).
Resistance: $2,508–$2,510
Support: $2,497–$2,502
Key support: $2,490
Holding above resistance may support further upside. A rejection could bring a pullback toward support.
Trader takeaway: Wait for breakout confirmation before entering.
#ETH #Ethereum #CryptoTrading