ETH MARKET UPDATE ⚠🚨
📍 Current Price: $2,009
📊 Resistance: $2,137
📉 Support: $1,960 - $1,850
As we mentioned in our previous post, ETH has broken its key resistance area and is now heading toward the $2,137 level. The area that previously acted as resistance is now turning into support.
Key levels to watch:
✅ Bullish case: If ETH holds above $1,950, we could see a push toward $2,137 and potentially higher.
❌ Bearish case: Losing $1,950 support could lead to a deeper pullback, with a possible drop to the $1,850 level.
🔥 Market catalyst: Today's US unemployment data release could bring volatility. A weaker-than-expected jobs report may support ETH's upward momentum, while stronger data could trigger a correction.
Stay cautious and manage risk wisely! 🚀