Ethereum's $2,540 Breakout Zone Under Scrutiny Amid Price Surge
Ethereum's price has been trading near $2,728 on September 25, representing a 3.13% increase over the past 24 hours.
The surge in Ethereum's price comes after a brief dip towards $2,640 on September 24, with the market now focusing on its former resistance zone around $2,540.
This region has become a key technical pivot for ETH, as buyers weigh their chances of defending it as support and pushing the price towards $3,000.
The near-term map suggests immediate support at $2,630-$2,600, with major breakout-retest zone at $2,540-$2,530 and key reclaim level at $2,800.