$ETH /USDT is trading around 0.02394, below the 15m Supertrend at 0.02504, signaling short-term bearish momentum. Price recently rejected the 0.02697 high and is forming lower intraday highs, with immediate support near 0.02389–0.02378. A breakdown below this zone could target 0.023–0.0225 liquidity. On the upside, reclaiming 0.0250–0.0255 with strong volume may open a bounce toward 0.026–0.0269. Infrastructure updates and Layer 1 interest provide fundamental support, but technical confirmation is key before entering. Tight risk management is recommended in this volatile environment.
