$ETH /USDC ATTEMPTS RECOVERY – WILL IT BREAK $2,533 AGAIN? 🔍📊

Ethereum is hovering around $2,496.59 after a bounce from the $2,459 zone. The price structure on the 1H chart shows a lower high formation after failing to reclaim the recent peak of $2,532.93. This suggests $ETH is currently in a consolidation phase, with bulls needing stronger momentum to resume the uptrend.

📊 Technical Breakdown

🔼 24H High: $2,532.93

🔽 24H Low: $2,459.01

💰 Current Price: $2,496.59

⚔️ Key Resistance: $2,507.50 – $2,533

🛡️ Support Levels: $2,474.59 → $2,441.68

📈 Volume: 86.4K ETH in 24H

📉 Pattern: Short-term lower highs after a sharp pullback

📈 MarketNext Insight

If $ETH breaks above $2,507 and holds, a retest of $2,533 is highly probable. Failure to do so might send it back toward the $2,474 support, where buyers may re-enter. Keep an eye on volume – it’s the key to this breakout or breakdown scenario!

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