$ETH /USDT Short-term Market Update 📉📊
Ethereum experienced a sharp sudden pullback from the $2,695 resistance level down to test the local support near $2,591.
Key Technical Highlights:
📍 Current Price: ~$2,611
📍 Immediate Support: $2,590 - $2,600
📍 Immediate Resistance: $2,650 (MA 25) & $2,690 (MA 99)
After a high-volume liquidation wick down to $2,591, price action is currently consolidating around $2,611. Buyers need to defend the $2,590 support zone to prevent further downside risk toward lower key levels. A recovery above $2,650 could open room for a quick rebound.
Are you buying the dip or waiting for a clearer trend confirmation? Let us know below! 👇
#EthereumNews #Ethereum #CryptoAnalysis" #BinanceSquare #TechnicalAnalysi
Ethereum experienced a sharp sudden pullback from the $2,695 resistance level down to test the local support near $2,591.
Key Technical Highlights:
📍 Current Price: ~$2,611
📍 Immediate Support: $2,590 - $2,600
📍 Immediate Resistance: $2,650 (MA 25) & $2,690 (MA 99)
After a high-volume liquidation wick down to $2,591, price action is currently consolidating around $2,611. Buyers need to defend the $2,590 support zone to prevent further downside risk toward lower key levels. A recovery above $2,650 could open room for a quick rebound.
Are you buying the dip or waiting for a clearer trend confirmation? Let us know below! 👇
#EthereumNews #Ethereum #CryptoAnalysis" #BinanceSquare #TechnicalAnalysi
