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ETHUSD broke significant resistance at $2717 after a long consolidation. It hit a high of $2760 at the time of writing and is currently trading around $2752.
The intraday bullishness can be seen if it breaks above $2760. On the higher side, the near-term resistance is $2760. Any break above the target of $3000/$3200. Significant bullish continuation only above $3555.
The immediate support is around $2680. Any intraday break below will drag the pair to $2620/$2532/$2500.Any breach below $2470 confirms bearish continuation. A dip to $ 2400/$ 2350 is possible. A violation below $2100 will drag the Ethereum to $1870.
It is good to buy on dips around $2630 with SL around $2500 for TP of $3500.
