$ETH /USDT – Bullish Momentum Building Above Key Support!
Ethereum is trading at $2,697.99 (+2.75%), rebounding strongly from the 24h low of $2,602.78 and nearing the 24h high of $2,734.23, signaling renewed Layer 1 strength. With 24h volume at 831,053 ETH (≈ $2.21B), buying pressure is evident. The current order book shows depth resistance around $2,739.55, while support holds firm near $2,627.85. Momentum on the 4H and 1D charts suggests a possible breakout if bulls push past $2,734. A decisive move above this could open room for $2,800+ targets. Maintain watch on lower support at $2,645.93 and $2,602.