#ETHCrossed2500 Price Action – Key Levels to Watch 🚨
I'm keeping a close eye on ETH after a massive $29.57K short liquidation at $2541.33. This could indicate strong buying interest. The current support level is around $2500, and $2600 is the resistance level we need to break for a clear bullish signal.
🔑 Tip 1: If $2500 holds as support, it could be a good opportunity to enter long positions.
🔑 Tip 2: A break above $2600 would open the door for further upside, possibly reaching $2650.
🔑 Tip 3: If the price drops below $2500, consider setting a stop-loss around $2450 to protect against further declines.