$ETH Trading at $2,542.89 – Bulls Face Key Resistance
ETH is currently trading at $2,542.89, showing a recent rebound but now consolidating below significant overhead resistance. The market's next move will depend on its ability to overcome this resistance or if selling pressure leads to a pullback.
Key Levels:
Resistance: $2,560.00 (immediate), $2,570.00 (stronger)
Support: $2,540.00 (immediate), $2,520.00 (stronger)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move above $2,560.00 could target:
Target 1: $2,570.00
Target 2: $2,599.00 (24h High)
Bearish Entry: A break below $2,540.00 could target:
Target 1: $2,520.00
Target 2: $2,507.65 (24h Low)
ETH/USDT is at a critical juncture. A decisive break above $2,560.00 suggests further upside, while a slip below $2,540.00 could trigger a deeper pullback.