$ETH current analysis points to a bullish sentiment in the market for ETH/USDT, with the price trading above key moving averages and strong buying volume backing the recent rise. Watch for a break above $2,643.20 as a signal for continued upward momentum. However, if the price falls below the $2,482 support, a short-term pullback may occur.
Immediate Support: Around $2,482.28, near the recent low observed on the chart.
Immediate Resistance: At $2,643.20, the high reached within the last 24 hours. If ETH breaks through this level, it could signal further upward movement.