$ETH ETH /USDT Chart Breakdown

Current Price: $2,765.29 (+0.77%)

24h Range: $2,690 – $2,834

MA60: $2,768.45 (price slightly below it)

Volume Spike: Noticeable volume around 14:16 – potential short-term sell-off or liquidity test

🔹 Support Levels

$2,690 – Daily low & strong short-term support

$2,750–$2,760 – Intraday support zone

Watch for volume confirmation if it retests these zones

🔹 Resistance Levels

$2,768–$2,770 – MA60 and overhead supply

$2,834 – 24h high, immediate resistance

Break and hold above this could spark a mini rally toward $2,880+

📈 Trend & Indicators

ETH is struggling to hold above MA60, which acts as short-term resistance

Volatility increasing with spikes in volume – suggesting potential for breakout or breakdown soon

Sideways momentum right now, awaiting catalyst

⚠️ Potential Scenarios

🔼 Bullish breakout above $2,770 with volume → target $2,800–$2,834

🔽 Breakdown below $2,750 zone → revisit