$ETH Ethereum (ETH) – Short Technical Analysis
ETH is showing range-bound behavior after a recent pullback. Price has been respecting a key support zone, where buyers are stepping in, while upside moves are capped near short-term resistance.
Trend: Neutral to mildly bullish in the short term
Support: Strong buying interest near the lower range
Resistance: Sellers active near recent highs
Momentum: Gradually improving, but a breakout is still needed for confirmation
Outlook:
A clean break above resistance could trigger bullish continuation. If ETH fails to hold support, we may see another retest of lower levels before a stronger move. Overall, ETH looks like it’s consolidating before its next big move 📊
If you want, I can also add RSI/MACD view or do a very quick market sentiment take for ETH. ❶
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