ETH/USDT 1hour chart update !!
2024-09-23

Ethereum (ETH/USDT) is sharing chart updates, possibly indicating recent price actions, chart patterns, and potential price movements.

Ethereum broke out of a wedge pattern and experienced a correction after hitting resistance around $2,600. The recent surge has been testing the $2,650-$2,670 area.
The nearest support is around $2,550-$2,537, aligning with the trendline and the horizontal level.
Resistance at $2,670-$2,680, and a breakout beyond this could take the price toward the $2,700-$2,800 range, as indicated by the projection lines on the chart.

ETH/USDT is currently bullish, but looking at retracements to support levels around $2,550 could provide insight on the next move.
If you want a deeper dive into any of these price moves or chart patterns, let me know! Additionally, always ensure your trading decisions align with your own risk tolerance and market analysis.

Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.

