๐ ETH/USDT Market Update โ Whatโs Next for Ethereum?
Ethereum (ETH) is currently trading around $3,048, showing a short-term pullback after recent volatility. ๐ Despite todayโs dip, ETH continues to hold a strong psychological support near $3,000, which traders are watching closely.
๐ Technical Snapshot:
24H High: $3,177
24H Low: $3,013
Key Support: $3,000 โ $2,900
Immediate Resistance: $3,200
Trend: Short-term consolidation, long-term potential intact
๐ The moving averages suggest ETH is in a cooling phase, often seen before the next big move. Volume remains healthy, indicating that smart money is still active in the market.
๐ก Trader Insight:
If ETH holds above the $3,000 zone, a bounce toward $3,200โ$3,300 is possible. A breakdown below support could lead to a deeper retracementโso risk management is key.
๐ฅ Bottom Line:
Ethereum isnโt weakโit's resetting. For long-term believers, this zone may offer an opportunity. Stay patient, stay informed, and trade smart.
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