
ETH retreats to $2,400 after another rejection at $2,500
- —ETH is trading near $2,400 after a rejection at $2,500
- —The $2,500 zone has remained unbroken resistance for several weeks
- —A base was previously formed in the $1,500–1,600 range
Why it matters: Until ETH establishes itself above $2,500, the risk of continued consolidation and tests of lower support levels remains.
Source: Coinotag