📊 Ethereum (ETHUSD) is currently trading within a consolidation zone between key support at $2458 and resistance near $2720 on the 1H timeframe.
🔹 Breakout above $2700 could indicate potential bullish momentum continuation.
🔻 Breakdown below $2450 may suggest bearish sentiment gaining control.
The price has been moving sideways, showing indecision and reduced volatility. Traders often monitor such range-bound phases for potential breakout opportunities in either direction.
⚠ This chart is for educational and analytical purposes only. It is not financial advice. Always do your own research and risk management.
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🔖 Key Levels:
• Resistance: $2720
• Support: $2458
• Bearish zone under: $2500
#ETHUSD #Ethereum #CryptoAnalysis #TechnicalAnalysis #TradingView #PriceAction
🔹 Breakout above $2700 could indicate potential bullish momentum continuation.
🔻 Breakdown below $2450 may suggest bearish sentiment gaining control.
The price has been moving sideways, showing indecision and reduced volatility. Traders often monitor such range-bound phases for potential breakout opportunities in either direction.
⚠ This chart is for educational and analytical purposes only. It is not financial advice. Always do your own research and risk management.
---
🔖 Key Levels:
• Resistance: $2720
• Support: $2458
• Bearish zone under: $2500
#ETHUSD #Ethereum #CryptoAnalysis #TechnicalAnalysis #TradingView #PriceAction
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.