📌 $ETH Testing Key Support at $2,500 – Will Bulls Hold the Line?

Ethereum is currently trading at $2,496.26, hovering just above the crucial $2,500 support level. Recent volatility saw ETH dip to $2,499.09 before stabilizing, indicating potential institutional selling pressure.

🔍 Technical Overview:

Support Levels: Immediate support at $2,500; a break below could see ETH test $2,434.55.

Resistance Levels: Key resistance at $2,727.07; surpassing this could open the path to $2,822.15 and beyond.

Market Sentiment: Despite recent dips, the overall sentiment remains bullish, with a Fear & Greed Index reading of 60 (Greed).

🎯 Signal: If ETH maintains support above $2,500, it could rebound towards the $2,700–$2,800 range. However, a decisive break below $2,500 may lead to further downside, potentially testing the $2,434 level.

#TwinTulipsCrypto #TwinsTulip #BinanceAlphaAlert #MyCOSTrade #BinanceAlphaAlert