🔥 $ETH: Range Play or Big Move Brewing? 🧐

$ETH has been in a bit of a dance lately, showing strength after a significant rally in May but now testing key levels. We're seeing some consolidation, which could be the market catching its breath before the next leg up, or gearing up for a correction. Recent news about Ethereum's scaling plans and ongoing ETF discussions continue to stir the pot.

📊 Trading Outlook (No Leverage):

📈 Potential long if $ETH decisively breaks above the $2,750 - $2,800 resistance zone, signaling further bullish momentum. This could open the path towards the $3,000 psychological level.

📉 Short setup only if $ETH loses crucial support around $2,450 - $2,500, which might indicate a deeper pullback.

Keep an eye on volume and broader market sentiment!

⚠️ NFA/DYOR.

#ETH #Ethereum #CryptoTrading #MarketAnalysis