🔻 Ethereum Under Pressure – More Drop or Ready to Bounce?
ETH dropped below $2,600 again and is struggling to recover. Right now, it’s stuck below key resistance at $2,540. A bounce is possible, but more downside can’t be ruled out.
📉 Quick Update:
• Price under $2,540 and 100-hour SMA
• Support zone: $2,480 and $2,450
• Resistance to watch: $2,540, $2,565, and $2,625
📈 Break above $2,625?
If ETH clears $2,625, it could push toward $2,800 or higher. But if it fails, it might fall toward $2,320 or even $2,150.
⚠️ Watch for a clean move above resistance or a drop below $2,450 for the next big move.
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