Ethereum rebounds, as mentioned yesterday, if the daily line stays above the three moving averages, the outlook remains bullish, and the RSI indicator has multiple breakouts. If Ethereum recovers above 2300, it will approach the top of the range at 2700—2800. Currently, the daily line is forming a rising wedge; watch for a decline at the end of the wedge. $ETH

Support: 2300 to 2400

Resistance: 2700 to 2800