Ethereum / TetherUS
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ETHEREM ETHUSD LONG TECHNICAL CHART IDEA

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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
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