Here’s a technical snapshot and quick analysis of $ETH /USDT based on your data:
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Current Price:
$2,490.21
24h Change: -4.11% → Indicates recent downward pressure
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24h Range & Volume:
High: $2,649.31
Low: $2,452.60
ETH Volume: 707,281.46
USDT Volume: $1.81B
→ High liquidity; large volume may reflect institutional activity or volatility
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Key Support & Resistance:
Resistance Levels:
$2,525
$2,575
$2,600–$2,625 zone (strong selling pressure here)
Support Levels:
$2,456 (recent low)
$2,400 (next key level if drop continues)
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Trend Context:
Price dropped to low $2,450s and bounced slightly to $2,490
Holding above this level keeps it within recovery potential, but price is still under short-term bearish pressure unless it reclaims $2,525+
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Summary Outlook:
Short-Term Bias: Bearish → unless ETH regains ground above $2,525–$2,550
Bounce Potential Zone: $2,450–$2,475
Downside Risk: If $2,452 breaks, ETH could quickly test $2,400
Upside Target (if reversed): $2,600+
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Would you like a trade setup (spot or leverage), or a swing trade zone based on this?
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