$ETH /USDT Technical Analysis
⚡ ETH Consolidated Above Key Range ⚡
Ethereum ($ETH ) is currently showing constructive price action on the 4H timeframe, trading near $2,450. This follows a healthy retest of previous resistance now acting as support.
🛡️ KEY SUPPORT ZONES
• S1 (Immediate): $2,380 – $2,420 (Consolidation base)
• S2 (Major): $2,250 – $2,300 (Aligned with the rising 100-day EMA)
🎯 KEY RESISTANCE TARGETS
• R1 (Psychological): $2,500 – $2,550 (Supply cluster)
• R2 (Breakout): $2,720 (Recent high and volume gap)
💡 MARKET OUTLOOK
Technically, the structure remains bullish above $2,380