$ETH /USDT — Sideways Chop, But Bulls Still in the Game

1️⃣ Consolidation Phase:

ETH is currently consolidating just above all key moving averages (MA 7, 25, and 99). Price is hovering around $2500, stuck in a sideways range since the May rally cooled off.

2️⃣ Support Levels:

$2450 → Short-term support (MA 7)

$2175 → Strong trend support (MA 99 + former breakout base)

$2000 → Psychological level & long-term floor

3️⃣ Resistance Levels:

$2600 → Local top of recent range

$2750 → March swing high

$3000 → Macro breakout level

Ethereum is in a holding pattern. A breakout above $2600 could set the stage for another leg up. Failure to hold $2450 might trigger a revisit to the $2200–$2175 zone.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!