🔹 $ETH — A critical area defining the next step
#Ethereum is currently trading near a key support range of 2,770 – 2,800, which is a strong demand area that has seen buyers enter previously. Staying above this range maintains the constructive market structure and opens up the possibility for a bullish recovery.
Immediate resistance:
3,050 – 3,100: A critical supply area. A clean break and close above it confirms the continuation of the upward trend.
Higher resistance levels:
3,300
3,600
These levels become achievable only after a confirmed break of the 3,100 level.
✅ Scenarios:
Above 2,770: The constructive structure continues with the potential for price recovery.
Below 2,770: Weakness may extend towards lower demand areas.
💡 Conclusion: ETH is trading within a defined range between well-known support and resistance, and a breakout or breakdown will determine the next direction. Patient execution based on current levels is key to capitalizing on the upcoming movement.
