$ETH Testing Key Levels – Breakout or Fakeout? 📉📈

​ETH is putting on a show today! After hitting a local high of 2,054, we've seen a slight pullback. We are currently sitting right on the Moving Averages (MA7 and MA25), which are acting as a tight battleground around the 1,985 zone.

​Bull Case:

If we hold the 1,980 support, a retest of 2,050+ is on the cards.

​Bear Case:

A drop below the MA99 (1,988) might see us sliding back toward the 1,920 support zone.

​Volume is steady, but we need more momentum to clear the recent resistance. What’s your move? Long or Short? 👇

​#ETH #CryptoTrading #BinanceSquare #TechnicalAnalysis

ETH

2,261.15

-0.56%