1. The Current Setup: ETH is facing slight bearish pressure, dropping -0.49% to $2546.25, with the 4H candle ranging between $2542.68 (low) and $2560.81 (high). The ZigZag indicator highlights a critical support level at $2474.24, which could act as a springboard if tested. $ETH
2. Key Levels to Watch NOW:
- Support: The zone around $2474.24 is make-or-break for bulls. Holding here could set up a reversal, while a breakdown may target $2400 or lower.
- Resistance: A rebound must reclaim $2560.81 to challenge higher levels, with $2600+ as the next bullish target. $ETH
My Take: Sellers have short-term control, but the dip near major support offers a high-reward opportunity if buyers defend it. Watch for a bounce or breakdownโvolume will confirm the next move!
Click $ETH to monitor the battle at support live!
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