ETHUSDT June 2nd 2025 price action:

📉 Short-Term ETHUSDT

Current Price Zone: ~$2,495

Resistance Zone: ~$2,540–2,600

Support Zone: ~$2,300–2,400

🟢 Bullish Scenario (Hold/Buy)

• Confirmation: If ETH breaks above the $2,540–2,600 resistance level with volume.

• Target: $2,700–$2,800 range.

• Strategy is to Buy the breakout.

• Place stop-loss around $2,450 (recent consolidation)

News are driving this market so set stop loss accordingly.

⸻

🔴 Bearish Scenario (Sell/Short)

• Confirmation: Breakdown below $2,400 with strong bearish volume.

• Target: $2,200–2,300, possibly revisiting $2,000.

• Strategy is to Sell if support at $2,400 fails.

• Place stop-loss around $2,500 to avoid false breakdowns.

• Descending volumes = another trade for short confirmation

Once I open trade I’ll share here.