Ethereum is still stuck in a range, and right now the most important levels are $2,711 as resistance and $2,377 as support. Price has been ping-ponging between these zones for weeks, with multiple rejections at the red supply area and strong demand stepping in around the green zone. Until we get a clean breakout above $2,711 or a breakdown below $2,377, $ETH remains in chop—traders are watching these levels like hawks.
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