🌩️ $ETH /USDT – May 29, 2025

🏷️ Category: Layer 1

💰 Price & Info

Current Price: $2,692.77 (▲ +0.92%)

24H High: $2,788.00

24H Low: $2,612.04

Volume: 802,646.61 ETH | $2.16B USDT

📈 ETH Price Analysis & Key Levels

🔹 Resistance: $2,740 / $2,820

🔹 Support: $2,612 / $2,540

📊 Crypto Market Insights

🔸 Fibonacci Retracement (Low $2,612 – High $2,788):

• 38.2% – $2,722

• 61.8% – $2,677

• Pivot – $2,700

🔸 ATR (14D): ±$190

📉 Volatility Range: $2,500 – $2,880

🚀 Bullish Scenario

✅ If ETH holds above $2,677 and clears $2,740, momentum can lift it toward $2,820

✅ Breakout above $2,788 confirms bullish continuation toward $2,880

⚠️ Bearish Scenario

❌ A drop below $2,677 may retest $2,612

❌ Losing $2,612 could trigger a dip toward $2,540

📌 Trading Strategy – Bullish Bias

🛍️ Spot Trading

Buy Zone: $2,612 – $2,677

Targets: $2,740 / $2,820

Stop-Loss: $2,540

📈 Futures Trading

Long Setup: Entry $2,660 – $2,690

Targets: $2,740 / $2,820

Stop-Loss: $2,600

Short Setup: Entry $2,780 – $2,800

Targets: $2,700 / $2,640

Stop-Loss: $2,840

🛡️ Risk Management & Alerts

Key demand zone sits at $2,612 – a breakdown may invite increased volatility.

💡 Unique Insight – VWAP

VWAP: $2,698 → ETH is trading just under VWAP, suggesting room for a bullish swing if momentum sustains above $2,700.

📌 Summary

ETH is pressing against resistance with bullish undertones. Holding above $2,677 will be critical to push higher into $2,800+.

❓Closing Question: Will Ethereum hold above $2,700 to flip VWAP and spark a breakout, or is a pullback to $2,600 more likely first?

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