ETH Market Update ⚠🚨
📍Current price: $2,066
📊 Resistance: $2,137
📉 Support: $1,960
Ethereum is consolidating near a key resistance level after a strong bullish push. The price is hovering around the marked resistance area, indicating potential rejection or a breakout.
🔍 Possible scenario:
✅ If ETH maintains support above $1,960, buyers may step in, pushing the price toward $2,137.
✅ A breakout above $2,137 could trigger further upside movement, continuing the bullish trend.
✅ If ETH fails to hold its current level and breaks below $1,960, a deeper retracement could be expected.
📈 Market volatility & volume:
ETH is experiencing increased volatility as it approaches key levels. Watch for price reactions around these zones to anticipate the next move.
Trade cautiously and stay updated! 🚀