Ether Holds Near $2,500 as Traders Watch Support Around $2,400

Ether (ETH) is consolidating near $2,500 after two rebounds from support around $2,400, while resistance below $2,600 continues to limit signs of a stronger recovery. On the daily chart, Ether remains within a broader ascending channel. Its retreat from about $2,800 brought it into a demand zone between $2,360 and $2,460, which overlaps the channel’s rising lower boundary. A sustained break below both would weaken the recovery structure and put $2,300 and $2,200 in view as lower technical levels. In the near term, ETH is trading around $2,500 to $2,530.

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