$ETH is holding around $2.69K after recent volatility, with price still trapped between nearby support and resistance.
Market Snapshot
Price: ~$2,688
24H: ~+0.7%
High: ~$2,689
Low: ~$2,658
Volume: ~$5.7B
Key Levels
Support: $2,650–$2,660
Secondary Support: ~$2,620
Resistance: $2,700–$2,720
Breakout Zone: $2,720+
ETH needs to hold the $2,650–$2,660 area and reclaim $2,700–$2,720 with stronger volume to improve short-term momentum.
Bullish Scenario:
Holding support and reclaiming $2,720 could strengthen the structure.
Bearish Scenario:
A confirmed break below $2,650 could expose the $2,620 area.
I would avoid chasing the first breakout candle. The support reaction or a clean resistance reclaim should provide better confirmation.
If you're tracking $ETH, would you watch the $2,650 support reaction first or wait for a confirmed breakout above $2,720?
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