ETH Tightens in a Narrow Range — Breakout Brewing?

$ETH is holding steady around $2,523.62, posting a modest +0.02% gain. Price action remains tightly compressed, with the 7, 20, and 50-period moving averages converging around the same level — a classic sign of consolidation. The volume at 7.58 remains moderate, hinting at indecision.

The current structure suggests that $ETH is coiling for a breakout. A move above $2,530 could target the $2,545–2,550 zone, while a drop below $2,510 might open the door to a deeper retracement. Watch for volume spikes as the catalyst for the next move.

#Ethereum #crypto