🚀 ETH/USDT Support & Resistance Analysis 🚀
Let's break it down! 📊
🔥 Current ETH price: $2,554.76 (+2.96%) — ETH is bouncing nicely from its recent low.
🟣 Support Levels:
✅ Primary Support: $2,478.76 — this is the 24-hour low and a key level where buying pressure came in.
✅ Secondary Support: Around $1,885.05 — a strong base from previous drops.
🟢 Resistance Levels:
🚀 Primary Resistance: $2,585.20 — this is the 24-hour high. If ETH breaks above this, we could see a move toward the next resistance.
🚀 Secondary Resistance: $4,107.80 — this is a more significant resistance from a previous high.
💹 The chart shows ETH bouncing upward, supported by strong buying volume and a potential reversal signals from MACD.
🚀 If ETH successfully clears $2,585.20, we may see a push toward its next resistance, while $2,478.76 will act as a key support if we face a pullback.
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