🚨🚨$ETH UPDATE🚨🚨
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Ethereum ($ETH ) is showing potential for a major price movement as it consolidates around $2,400. Currently priced at $2,414.95 (+0.58%), it recently hit a 24-hour high of $2,426, indicating that ETH may be preparing for its next significant move.
Key Levels to Monitor:
• Resistance at $2,800: If ETH can break above this level, a rally toward $3,000 and beyond is possible, signaling bullish momentum.
• Support at $2,330: Holding this level is critical for the bulls to maintain control and prevent a deeper correction.
Potential Scenarios:
• Bullish: A breakout above $2,800 could propel ETH towards $3,000, with a strong upward trend likely to follow.
• Bearish: A failure to hold the $2,330 support could trigger a downward correction to $2,200 or lower, although the current momentum leans toward a bullish breakout.
