The technical analysis of $ETH on Binance shows that the price is currently $2,556.76, down 1.20%. The moving averages indicate the following: MA(7) at $2,546.98, MA(25) at $2,542.65, and MA(99) at $2,574.07. The 24-hour range is between $2,476.03 and $2,647.03, with a trading volume of 695,295.76$ETH

Key observations:

- **Trend:** Price is below the 99-period MA, indicating potential bearish pressure.

- **Support Levels:** $2,476.03 (recent low), $2,406.63 (historical level).

- **Resistance Levels:** $2,647.03 (recent high), $2,738.50 (upper target).

Volume suggests moderate trading activity, while price movements indicate short-term uncertainty. Further confirmation from other indicators like RSI or MACD would provide deeper insights.

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