Dosto, $ETH Ethereum is currently trading in a very important zone. Looking at the chart indicators, the situation seems quite interesting.

๐Ÿ“Š Technical Setup:

Current Price: $2,991 (Currently, the price is consolidating).

Moving Averages: $ETH ETH is successfully trading above MA(50) and MA(200), which is a strong bullish signal.

RSI (6): is at 42, meaning the market is not overbought yet and there is still plenty of room to go up.

๐Ÿ’ก Important Levels:

Resistance: $3,015 (If the price closes above this level, the next target could be $3,100+).

Support: $2,980 (This is a solid support zone, a bounce back can be expected from here).

๐Ÿง  My Point of View:

The market is currently taking a little rest, but the trend still seems to be on the upside. If BTC remains stable, it will soon cross the $3,000 level again.

What do you think? ETH Long or Short? Let me know in the comments below! ๐Ÿ‘‡

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