$ETH Is Currently Consolidating Within A Well-Defined Range Structure After Its Sharp Impulsive Move Higher.
🔴 Resistance: $2,520–$2,530
🟢 Support: $2,360–$2,370
Price Is Repeatedly Testing The Upper Boundary But Failing To Secure A Sustained Breakout, Indicating Strong Supply Around $2,530.
A 2H Candle Close Above $2,530 Would Confirm A Bullish Range Breakout And Potentially Open The Path Toward $3000.
However, A Breakdown Below $2,370 Would Invalidate The Range Structure And Increase Dow...
$BTC REJECTED OUR KEY RESISTANCE!
As per the chart, #BTC has been rejected from the $82,500 level, exactly the resistance zone highlighted in our previous analysis.
The HTF structure remains bearish unless Bitcoin can reclaim $83K with a strong daily close.
If this chart structure continues to play out, BTC could potentially revisit $68K → $62K → $57.7K, with $50K becoming a possible target in the coming months.
Bullish invalidation: Clean reclaim above $83K
For now, patience over FOMO.
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