ETHUSDT Consolidates Above $2,390 SupportEthereum / Tether LINEAR FUTURES CONTRACTBITUNIX:ETHUSDT.Pcrypto_vulture_signalsEthereum (ETHUSDT) is trading near $2,509 after facing rejection from the $2,778 resistance zone on the daily timeframe. Following a strong recovery from the June lows, ETH established a consolidation range between $2,390 and $2,778. Recent selling pressure pushed price toward the lower boundary, where buyers are attempting to defend support. **Key Levels** - Current Price: $2,509 - Major Support: $2,390.66 - Immediate Resistance: $2,778.72 - Higher Resistance: $3,050.69 **Bullish Scenario** If ETH maintains support above $2,390 and establishes a higher low, price could recover toward $2,778. A confirmed daily close above $2,778 would strengthen bullish momentum and potentially open the path toward $3,050. **Bearish Scenario** A sustained daily close below $2,390 would invalidate the current range-support setup and increase the possibility of a deeper correction toward $2,200 and $2,000. **Technical Outlook** ETH remains range-bound following its recent recovery. The $2,390 support and $2,778 resistance levels are the primary boundaries to monitor. A confirmed breakout or breakdown is needed to establish the next directional bias.