Ethereum ($ETH) is showing intriguing price action on Binance, currently consolidating between $2,474-$2,700 after a 40% rally. A bull flag pattern is forming, with $2,650 as a key breakout level. A close above this with strong volume could signal the next upward leg, potentially targeting $3,000. However, momentum is weakening, with RSI nearing oversold and declining volume hinting at possible downside risk. Binance holds significant ETH reserves, making the $2,392 level a critical support zone. If breached, expect sell pressure from major cohorts. Stay cautious, monitor volume, and do your own research!

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