🚨 $ETH Analysis Alert 🚨
Current Price: $2,621.85
Resistance: $2,737.50
Support: $2,611.65
📊 Support and Resistance:
The support level at $2,611.65 is where buyers could step in, while resistance at $2,737.50 is where sellers might push back. These levels are critical for identifying potential entry points.
💡 Entry Strategy:
For a Long Trade, enter above $2,737.50, targeting $2,780.00 and $2,800.00 with a stop loss at $2,611.65. If ETH drops below $2,611.65, a Short Trade could be triggered, aiming for $2,580.00 and $2,550.00 with a stop loss at $2,737.50.
🔥 Keep an eye on these levels for potential breakout opportunities!