Markets· ★★· bearish·

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