🚀 Ethereum ($ETH ETH/USDT) Market Analysis – Is a Breakout Coming? 🔍
Ethereum is currently trading at $2,774.70, showing slight consolidation with a -0.02% change. The 24H range has been volatile, with a high of $2,869.39 and a low of $2,632.60.
📊 Key Market Data:
🔹 24H Volume: 918,181 ETH (~$2.53B USDT)
🔹 Support Levels: $2,630 - $2,670
🔹 Resistance Levels: $2,870 - $2,980
Technical Outlook:
✅ Bullish Scenario: If $ETH ETH breaks above $2,870 with strong volume, we could see a push toward $3,000 and beyond.
❌ Bearish Scenario: A drop below $2,630 may open doors for a test of the $2,500-$2,400 support range.
With Ethereum's Layer 1 dominance and increasing adoption, will the bulls take control, or is a correction incoming? Keep an eye on volume and key indicators! 📈