$ETH

📈 Price & Trend

Currently trading around $2,428, rising roughly 8% in the past 24 hours.

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🔍 Technical Levels (as of June 24)

Resistance: Key zones lie at $2,260–$2,280 short-term, with stronger resistance at $2,333 (EMA‑20) and $2,380–$2,448 in the broader bullish band .

Support: Notable floors are at $2,205–$2,244 (daily structure), $2,026 (weekly Fib 0.236), and downside extensions at **$1,958+** .

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📊 Sentiment & Momentum

Intraday volatility: ETH flashed down to ~$2,224 on June 21 with a sharp recovery above $2,290–$2,430, backed by heavy volume .

Mixed signals: Indicators show a weak bullish MACD, RSI recovering (~55), but chart patterns like a bear flag and rising wedge suggest caution .

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⚙️ Drivers Behind Today’s Move

1. Shakeout and rebound – A crash-and-recover caused strong support to form around $2,290–$2,430 .

2. Geopolitical & macro calm – External risk easing buoyed technical bounce .

3. Institutional dynamics – Spot ETH ETF flows are mixed, though whale accumulation resumed post-crash .

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🎯 What to Watch Next

Upside: Close above $2,333–$2,380–$2,448 with volume → target **$2,600+** .

Downside: Failure to hold $2,290–$2,244 can risk selling toward $2,026 or lower.

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✅ Quick Summary

Ethereum has made a strong intraday rebound, reclaiming $2.4K territory. While the bounce is technically sound, upside remains capped until key resistance is overcome with solid volume. Watch those zones closely.