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Ethereum Rebounds From $1.5K Low, But $2.7K Resistance Remains

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ETH
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Ethereum has recovered from its June low near $1.5K and even broke above $2.4K, but buyers failed to sustain a push near $2.8K.

The daily support sits around $2.4K, while the shorter-term chart places immediate support near $2.5K and resistance around $2.7K.

Transaction counts recently rose from about 1.6M to above 2M, although activity eased during the latest price recovery.

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