Alright, $ETH looking spicy here!
We had that nasty dip earlier, but the bulls really stepped up and bought that capitulation.
It's now showing some decent recovery, clawing back a lot of those losses.
It seems like that $2,420 - $2,450 zone held pretty strong as support.
Now, we're pushing into what looks like a resistance area around $2,620 - $2,650.
If it can break above that with some conviction and volume, we could be looking at a retest of the $2,700s, maybe even higher.
However, if it gets rejected here, we might see a pullback to retest the recent lows or consolidate around $2,550.
Volume is key on these moves, gotta watch for that follow-through.