$ETH CME Gap Alert & Key Levels (as of May 16, 2025)

Ethereum shows a notable CME gap between $2900–$3100 — a price zone traders often expect to be "filled" over time due to weekend futures gaps.

Current Snapshot:

Price: ~$2550–$2600 (volatile)

Immediate Support: $2500–$2550

Key Support Zone: $2450–$2490 (watch closely — a break below may turn the trend bearish)

Resistance Ahead: $2650–$2700

Next Target: $2738 (recent local high)

Why it matters:

If ETH gains bullish momentum, that $2900–$3100 gap becomes a compelling long-term upside target.

For now, keep your eyes on support/resistance zones to catch short-term moves or reversals.