$ETH
ETH/USDT Update โ Key Levels Ahead!
ETH is currently trading around $3,075, showing a slight recovery but still facing resistance on the 4H timeframe.
๐ What the chart shows:
Price is struggling to break above the MA(25) and MA(7) zone.
Strong rejection near $3,120โ3,150, indicating sellers are active.
Support formed around $2,946, which held well during the recent dip.
Volume remains moderate, showing market indecision.
Break above $3,150 could trigger a bullish push.
Failure to hold $3,000 may lead to another retest of $2,950.
โ ๏ธ Market is still in a lower-timeframe downtrend, but momentum is improving slowly. Wait for clean confirmation before entering.
Stay alert, manage your risk, and follow for more chart updates!
ETH/USDT Update โ Key Levels Ahead!
ETH is currently trading around $3,075, showing a slight recovery but still facing resistance on the 4H timeframe.
๐ What the chart shows:
Price is struggling to break above the MA(25) and MA(7) zone.
Strong rejection near $3,120โ3,150, indicating sellers are active.
Support formed around $2,946, which held well during the recent dip.
Volume remains moderate, showing market indecision.
Break above $3,150 could trigger a bullish push.
Failure to hold $3,000 may lead to another retest of $2,950.
โ ๏ธ Market is still in a lower-timeframe downtrend, but momentum is improving slowly. Wait for clean confirmation before entering.
Stay alert, manage your risk, and follow for more chart updates!