Ethereum ($ETH /USDT) Market Update 🚀🔥
🔹 Current Price: $2,665.50 (+1.35%)
🔹 Market Sentiment: Mild recovery after a
significant pullback.
📊 Key Levels:
Support: $2,640 (recent low and potential
demand zone).
Resistance: $2,700 (first barrier for buyers to overcome).
📈 Bullish Scenario:
ETH is showing early signs of a potential reversal after hitting local lows.
A break above $2,700 could open the door for a push towards $2,750 - $2,800.
📉 Bearish Scenario:
If ETH fails to break resistance, a retest of $2,640 or lower is possible.
A move below $2,600 could accelerate downside pressure.
⚡ Market Outlook:
Ethereum is at a critical juncture, where buyers must step in to confirm a reversal. Watch for volume spikes and momentum shifts to gauge the next big move! 📊🔥