๐ $ETH Market Update
Ethereum is currently trading around $2,086, staying steady above a rising trendline. While the overall vibe is still bullish, we are approaching some tough "speed bumps" (resistance) at $2,145 and $2,200. ๐ [1, 2, 3]
The Game Plan:
* Resistance to Watch: $2,145 and $2,200. These levels have stopped rallies before, so Iโm being careful here. ๐
* Support Levels: If the price drops, Iโm looking at $1,990 as the first safety net. If that fails, the next big floor is down at $1,788. ๐
* The Verdict: Iโm staying positive as long as we stay above the trendline, but I wonโt go "all in" until we see a strong break above $2,200. โ [4, 5]
Summary:
Wait for the signal! If we close above $2,200 on the 4-hour chart, the uptrend continues. If we get rejected, Iโll wait to buy the dip near $1,990. Patiently watching for the next move! โณ๐
#ETH #BTCReclaims70k #MetaPlansLayoffs #PCEMarketWatch #AaveSwapIncident $ETH
Ethereum is currently trading around $2,086, staying steady above a rising trendline. While the overall vibe is still bullish, we are approaching some tough "speed bumps" (resistance) at $2,145 and $2,200. ๐ [1, 2, 3]
The Game Plan:
* Resistance to Watch: $2,145 and $2,200. These levels have stopped rallies before, so Iโm being careful here. ๐
* Support Levels: If the price drops, Iโm looking at $1,990 as the first safety net. If that fails, the next big floor is down at $1,788. ๐
* The Verdict: Iโm staying positive as long as we stay above the trendline, but I wonโt go "all in" until we see a strong break above $2,200. โ [4, 5]
Summary:
Wait for the signal! If we close above $2,200 on the 4-hour chart, the uptrend continues. If we get rejected, Iโll wait to buy the dip near $1,990. Patiently watching for the next move! โณ๐
#ETH #BTCReclaims70k #MetaPlansLayoffs #PCEMarketWatch #AaveSwapIncident $ETH