Ethereum has reached a key resistance level at 2,844 USDT, and now two scenarios are possible.
๐ฝ Correction Before Growth If ETH fails to hold above this level, a pullback to the 2,720 โ 2,730 USDT zone is possible, where the first support is located. In case of a deeper correction, the next demand zone is at 2,620 USDT.
๐ผ Continuation of the Uptrend A successful breakout above 2,844 USDT could trigger an impulse move towards 2,900 โ 3,000 USDT.
๐ Conclusion This range is crucial for decision-making. A resistance breakout will strengthen the bullish trend, while a pullback to support may offer a good entry point for further growth.
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๐ช Ethereum at a Crossroads: What's Next?
Ethereum has reached a key resistance level at 2,844 USDT, and now two scenarios are possible.
๐ฝ Correction Before Growth
If ETH fails to hold above this level, a pullback to the 2,720 โ 2,730 USDT zone is possible, where the first support is located. In case of a deeper correction, the next demand zone is at 2,620 USDT.
๐ผ Continuation of the Uptrend
A successful breakout above 2,844 USDT could trigger an impulse move towards 2,900 โ 3,000 USDT.
๐ Conclusion
This range is crucial for decision-making. A resistance breakout will strengthen the bullish trend, while a pullback to support may offer a good entry point for further growth.