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$ETH at the edge of a cliff... will it fly or fall? 🤔
Ethereum is sitting at a make-or-break level right now... and the charts are screaming for a decision. With
$ETH stuck around $4,300, bulls and bears are locked in a battle that could shape the next big altcoin move.
👉 Support to watch: $4,127 (50-day SMA cushion)
👉 Big resistance: $4,356 – $4,500
👉 Deeper danger zones: $3,838 and $3,530
👉 Dream target: $5,000 psychological wall
The RSI is chilling between 49–53 — dead neutral. That means ETH is waiting for a spark. A push above 55 could flip momentum bullish, while a drop under 45 may light the fuse for a selloff.
💡 Trader’s Take:
If ETH holds above $4,127 and cracks $4,356, we could be looking at $4,750 and even $5,000.
But if that $4,127 support breaks? Say hello to $3,800 or even $3,530 before we see relief.
📊 Bottom line: Right now ETH is trapped in the $4,127 – $4,356 range. One strong move and the floodgates open — either toward $5K glory or a nasty correction.
👀 What do you think — is ETH about to moon or melt?
#Memecoinsevolution #MarketSentimentToday