Ethereum (ETHUSD) Technical Outlook – Short-Term Levels and Potential Targets
📊 Key Insights:
First Below Support: 2560 USDT
Starting Journey: 2600 USDT
Resistance Zone: 2630–2650 USDT
Target on Breakdown: 2440 USDT
Market Structure:
After a period of consolidation between 2560 and 2600, ETHUSD has initiated a sharp upward move towards the resistance zone near 2630–2650. The chart projects a possible rejection from this resistance area, suggesting a potential pullback targeting 2440 if support fails to hold.
✅ Key Considerations:
Watch for price action confirmation around 2630–2650.
A sustained break above resistance could invalidate the short-term bearish scenario.
The target zone of 2440 aligns with prior support and could offer buying interest
📊 Key Insights:
First Below Support: 2560 USDT
Starting Journey: 2600 USDT
Resistance Zone: 2630–2650 USDT
Target on Breakdown: 2440 USDT
Market Structure:
After a period of consolidation between 2560 and 2600, ETHUSD has initiated a sharp upward move towards the resistance zone near 2630–2650. The chart projects a possible rejection from this resistance area, suggesting a potential pullback targeting 2440 if support fails to hold.
✅ Key Considerations:
Watch for price action confirmation around 2630–2650.
A sustained break above resistance could invalidate the short-term bearish scenario.
The target zone of 2440 aligns with prior support and could offer buying interest
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We share market insights, economic updates, and gold trend analysis. No financial advice. Join for educational content and healthy discussions
t.me/+IQGLYuRS6m80YTk0
EXNESS BROKER
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t.me/+IQGLYuRS6m80YTk0
EXNESS BROKER
one.exnesstrack.net/a/bzg6uf8tij
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.