Kripto Kurdu
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$ETH Breakout or Trap?
The price sharply pierced the lower trend band yesterday and rallied back up at the same pace today.
But it's still stuck between two critical points:
• $3,047 - strong resistance, no clear volume confirmation.
• $2,769 - lower trend line; not broken but looks weak.
So to be honest:
I'm not sure because the technical picture isn't giving a clear direction yet.
#BinanceBlockchainWeek is coming up; we know the market usually reacts with volatility before such events.
What do you think?
The price sharply pierced the lower trend band yesterday and rallied back up at the same pace today.
But it's still stuck between two critical points:
• $3,047 - strong resistance, no clear volume confirmation.
• $2,769 - lower trend line; not broken but looks weak.
So to be honest:
I'm not sure because the technical picture isn't giving a clear direction yet.
#BinanceBlockchainWeek is coming up; we know the market usually reacts with volatility before such events.
What do you think?
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