#ETHCrossed2500 Technical Analysis of Ethereum (ETH) – May 11, 2025.

Ethereum is currently trading around $2,488, showing strong bullish momentum after rebounding from mid-April's low near $1,400. Price action has formed a clear upward channel on the 4-hour chart, indicating stable accumulation and upward pressure.

Support Level: Key support holds at

$2,400, the previous resistance zone that now serves as a strong base.

Resistance Level: Immediate resistance is at $2,580. A break above this could pave the way to the psychological level of $2,800.