**$ETH ereum Market Snapshot! 📈**

$ETH /USDT is trading at $2,611.19 on Binance, reflecting a 0.46% daily decrease with a 24-hour range between $2,679.88 and $2,594.49! 📊 The 1-day chart shows a recent 0.18% uptick, with Ethereum holding above mid-May lows near $2,500, supported by a robust 1.23B USDT and 467.846M ETH in trading volume. 💹 The Volume SMA at 77.675K indicates steady market participation, suggesting consolidation amid broader market trends.

**Technical Insights**

The candlestick pattern on the 4-hour chart shows small-bodied candles with alternating red and green bars, reflecting indecision after ETH tested resistance at $2,680 earlier today. Key support is forming around $2,600, aligning with the 24-hour low, while the next resistance at $2,700—a psychological level from early June—could be targeted if bullish momentum builds. 💪 The 50-day EMA is at $2,620, acting as a near-term resistance, while the 200-day EMA at $2,550 supports a longer-term uptrend. The Relative Strength Index (RSI) on the 4-hour chart is at 47, indicating neutral momentum with a slight bearish tilt but not yet oversold (below 30), suggesting a potential bounce if buying volume picks up. The MACD shows a bearish crossover, but the histogram is flattening, hinting at weakening downward pressure. The Bollinger Bands are narrowing, with ETH trading near the middle band at $2,610, signaling a potential breakout if volatility increases. A break below $2,600 might push ETH toward $2,550, while a move above $2,680 could target $2,700, with further resistance at $2,750. 📈