ETH/USDT Analysis ๐
In examining the ETH/USDT pair, the 2630 level emerges as a significant resistance point. Should this level remain unbroken, we may anticipate a potential downward correction. ๐
Key Levels to Monitor ๐
- 2630 Resistance: This level is critical. If ETH fails to surpass it, we could see a decline towards the 2530 and possibly the 2450 support levels. These zones are vital for maintaining upward momentum. โ ๏ธ
- Bullish Scenario: Conversely, if ETH manages to break above 2630, we could witness a rally toward 2700 and potentially reach 2800. Such a move would present favorable buying opportunities. ๐๐ฐ
In summary, the ability of ETH to breach the 2630 resistance will be key to determining its short-term trajectory. A failure to do so could lead to downward pressure, while a successful breakout may open the door for upward movement. Investors should closely monitor these levels! ๐
