$ETH The price is now hovering around 2,730, where selling pressure has eased. The market is trying to find a short-term balance.
Key Support Levels
Main Support Zone
The 2,670 to 2,700 area is the most important support right now. The price reacted strongly from this zone earlier. If this level holds, a short-term bounce could happen.
Lower Support
If the price breaks below 2,670, weakness may continue. The next support to watch is near 2,620 to 2,600.
Resistance Levels
Immediate Resistance
The first resistance level is around 2,780 to 2,800. The price needs to move above this