$ETH Next move will be bullish soon?

Looking at the chart for **ETH/USDT**:

1. **Current Price**: 2,545.00 USDT

2. **Stochastic RSI**: STOCHRSI is at 27.76, indicating a possible oversold condition, meaning a bounce or upward movement could happen soon.

3. **RSI**: The RSI is at 41.45, closer to the oversold zone, but still not extremely low. This suggests that Ethereum might be nearing a support level but is not yet in deep oversold territory.

4. **Previous Highs & Lows**: Ethereum had a local low near 2,111 and is now trying to find support around the 2,500 range. Resistance can be expected at 2,600+ and more significant resistance around 3,100.

Given the oversold signals from Stochastic RSI and the RSI below 50, **ETH may experience a short-term rebound or sideways consolidation** before deciding its next big move. Watch for any support tests near 2,500 and resistance around 2,600-2,700.

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