$ETH /USDT – Pullback With Key Support in Play
Ethereum is trading at $4,569.11, after touching a 24h peak of $4,645.93 before easing lower.
Following its strong rally, ETH has entered a correction phase, consolidating just under the $4,600 mark. Solid support is seen around $4,540 – $4,550, a zone where buyers are expected to step in.
If this level holds, bulls could target another move toward $4,650 – $4,700. On the flip side, a drop below $4,530 may trigger a deeper retracement toward the $4,400 region.
Overall, ETH maintains a bullish structure, but short-term traders should keep a close eye on this correction to time fresh entries.