ETH/USD Analysis – Daily Frame

Ethereum stabilizes at a key supply zone after a strong upward wave:

• Important supply zone between $2500 - $2600.

• The $2510 area represents an old weekly resistance level (EQH), currently being tested with clear fluctuations.

• The Stochastic RSI indicator is at the bottom of the oversold level (9.5), which opens the door for the possibility of a short-term upward rebound.

Upcoming Outlook:

If the price maintains trading above $2400, the upward trend is likely with targets at:

$3200

$3600

However, in the case of a clear rejection, we expect a corrective drop towards the $2100-$1950 area as a new accumulation phase

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