$ETH
is still consolidating, and the market hasn’t given a clear directional signal yet.
Price is compressing between key levels, with $3,353 acting as the main resistance and $2,597 as the important support.
A sustained break above $3,353 would strengthen the bullish structure and open the door for another move higher. On the other hand, losing $2,597 would invalidate the current structure and increase the risk of a deeper correction.
Until either level breaks, $ETH remains in a waiting phase. The breakout will likely tell us where the next major move is heading.
is still consolidating, and the market hasn’t given a clear directional signal yet.
Price is compressing between key levels, with $3,353 acting as the main resistance and $2,597 as the important support.
A sustained break above $3,353 would strengthen the bullish structure and open the door for another move higher. On the other hand, losing $2,597 would invalidate the current structure and increase the risk of a deeper correction.
Until either level breaks, $ETH remains in a waiting phase. The breakout will likely tell us where the next major move is heading.
