$ETH
Ethereum ($ETH ) is currently consolidating at a critical psychological level of $1,600. Looking at the daily candlestick chart, a massive volatility squeeze is building up, hinting at a major move this month.
🟢 Bullish Scenario: A clean daily close above the $1,650 resistance will trigger a rally toward $1,720 and $1,800.
🔴 Bearish Scenario: If bears push the price below the $1,550 support, expect a drop toward $1,480 and $1,400. #USADP98KMiss #MORPHORisesOver12% #CircleRemovedFromRussellGrowthIndexes #KoreanWonWeakestSince2009
Ethereum ($ETH ) is currently consolidating at a critical psychological level of $1,600. Looking at the daily candlestick chart, a massive volatility squeeze is building up, hinting at a major move this month.
🟢 Bullish Scenario: A clean daily close above the $1,650 resistance will trigger a rally toward $1,720 and $1,800.
🔴 Bearish Scenario: If bears push the price below the $1,550 support, expect a drop toward $1,480 and $1,400. #USADP98KMiss #MORPHORisesOver12% #CircleRemovedFromRussellGrowthIndexes #KoreanWonWeakestSince2009