$ETH is showing strong upward momentum, with a significant move pushing the price into the $2,550 range. It has now consolidated in a tight range between $2,500 and $2,600, forming a possible accumulation zone. If $ETH breaks above $2,600 with volume, it could potentially target $2,700 and beyond.
đ Bullish outlook:
A break above $2,600 will likely attract buyers, aiming for $2,650 to $2,700.
If $ETH holds above $2,500, the current momentum could continue, making long trades attractive.
đ Bearish outlook:
A rejection at $2,600 could push the price back down to $2,500.
A break below $2,500 could trigger short trades, targeting $2,450.
Stay cautious and watch for volatility in this key range!
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