šØ Ethereum (
$ETH ) at a Pivotal Moment! Key Levels to Watch ā”šÆ
$ETH /USDT is currently trading at $2,610.15, down -0.22%, with a recent high of $2,648.37. Ethereum's price is hovering near critical moving averages, making this an important moment for traders to pay close attention.
Key Targets to Watch:
š Support Level 1: $2,576.09 (MA 99) ā This long-term moving average acts as crucial support. A break below could lead to further downside towards lower levels.
š Resistance Target 1: $2,688.60 ā The recent high. A breakout above this level could signal a strong upward move with buyers potentially taking control.
ā” Support Target 2: $2,537.36 ā This key support level was tested before and remains a critical area to monitor. If Ethereum dips below this, we could see a sharper pullback.
š Resistance Target 3: $2,700 ā A psychological barrier. If ETH reclaims this level, we could see increased bullish momentum and a possible continuation of the uptrend.
Next Moves:
With
$ETH facing volatility, traders should monitor $2,576.09 and $2,688.60 as key breakout and support levels. Expect strong moves either way depending on where Ethereum heads next. Stay alert!
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