$ETH
š ETHEREUM RANGE-BOUND BUT READY! š
š TECHNICAL SETUP:
⢠ETH broke descending trendline for 50% gain
⢠Now ranging between $2,400-$2,700
⢠$2,700 resistance proving stubborn
š„ MOMENTUM BUILDING:
⢠Strong support at $2,400 level
⢠Large caps showing life at range lows
⢠Layer 1 competition heating up for June
šÆ NEXT MOVES:
Break above $2,700 = continuation higher
Hold $2,400 = range trading continues
Volume pickup needed for breakout
š MARKET POSITION:
ETH maintaining Layer 1 dominance
DeFi ecosystem still #1 choice
Institutional adoption growing