$ETH Analysis
đ¨ ETH/USDT Market Update đ¨
Ethereum is currently trading at $2,424.57, with a 0.42% increase. Over the last 24 hours, ETH has ranged between $2,407 and $2,457, signaling moderate volatility. The 15-minute chart shows a bounce off the $2,415 support level after a short-term downtrend. Immediate resistance lies near $2,444, and a breakout above this could trigger a move toward higher levels. However, failure to break resistance might lead to a retest of $2,415 or lower.
The MACD is signaling bearish momentum, but with potential for a crossover, the trend could shift. Traders should consider entering around $2,415 (support) with a tight stop loss, or wait for a confirmed breakout above $2,444 for a more bullish move. Stay sharpâvolatility is high, but opportunities await for those prepared!
