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$ETH /USDT – Consolidation or Launchpad? Traders Watching Closely! 🚀
Ethereum is treading water just below recent resistance, hovering at $2,433.90. With volume ticking higher and key support levels holding, is ETH gearing up for a breakout—or a deeper retrace? Let’s decode the action. 🔍
📊 Market Overview
📍 Current Price: $2,433.90
📈 24h High: $2,463.54
❄️ 24h Low: $2,382.53
📦 24h Volume (ETH): 422,138.27
💰 24h Volume (USDT): $1.03B
📉 Technical Snapshot:
Parabolic SAR: Uptrend still valid above $2,400
MACD: Flat but leaning bullish—momentum building?
Volume: Above average, signaling growing trader interest
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$ETH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ETH Holds Above $2,420):
Entry: Above $2,440
Targets: $2,475, $2,520, $2,600+
Stop-Loss: $2,385
🔹 Bearish Scenario (If ETH Breaks Below $2,385):
Entry: Below $2,385
Targets: $2,340, $2,280, $2,200
Stop-Loss: $2,460
🔍 ETH Market Insights
✅ $2,400 proving to be a key battleground
✅ Volume suggests bullish pressure is mounting
⚠️ Multiple failed attempts at $2,460 may trigger short-term sell-offs
💡 Pro Tip:
A strong breakout above $2,475 with sustained volume could pave the way for a move toward $2,600+. But beware of fakeouts near resistance!
📢 Are you loading ETH bags or eyeing altcoins instead? Drop your thoughts below!
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