$ETH /USDT – STRONG SURGE, BUT IS A PULLBACK COMING?
$ETH has jumped +4.60%, reaching a 24H high of $2,849.70, before facing rejection and settling at $2,816.59. The strong rally indicates bullish momentum, but profit-taking could lead to a short-term retracement.
Key Levels to Watch:
🔹 Immediate Resistance: $2,849.70 – A breakout could send $ETH towards $2,860.30
🔹 Support Zone: $2,767.02 – Bulls must defend this level for sustained upside
🔹 Parabolic SAR Support: $2,721.75 – Losing this may trigger a deeper correction
Potential Scenarios:
✅ Bullish Continuation: If ETH holds above $2,76