$ETH Market Update ā March 8, 2025
š Current Price: $3,282 (-3.40%)
š¼ 24H High: $3,434
š 24H Low: $3,110
š 24H Volume (ETH): 1.57M
š° 24H Volume (USDT): 5.11B
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š ETH Price Analysis & Key Levels
š¹ Support: $3,100 - $3,180 š”ļø
š¹ Resistance: $3,430 - $3,520 š§
Price Action
ETH is down 3.4%, struggling to hold above $3,200. A decisive move is likely as it squeezes between demand and resistance.
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š¢ Bullish Scenario ā
āļø Hold above $3,180 could trigger bounce toward $3,430
āļø Breakout above $3,430 may push ETH to $3,520+
š“ Bearish Scenario ā ļø
ā Drop below $3,100 could open downside toward $2,950
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šÆ Trading Strategy: Watch for Breakout
š Spot Trading (Swing Setup)
š Buy Zone: $3,100 - $3,180
šÆ Targets: $3,430 | $3,520
ā Stop Loss: $3,050
ā” Futures Trading (Aggressive)
š Short Setup (Failing $3,430):
š¹ Entry: $3,420 - $3,430
šÆ Targets: $3,200 | $3,100
ā Stop Loss: $3,520
š Long Setup (Bounce from $3,180):
š¹ Entry: $3,100 - $3,180
šÆ Targets: $3,430 | $3,500
ā Stop Loss: $3,050
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ā ļø Risk Management
āļø MACD neutral, RSI near oversold
āļø Volatility rising near $3,200 ā trade with care
āļø Watch 1H candle closes near support
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š„ Summary
š ETH in pullback phase ā testing $3,180 support
š Bulls need reclaim above $3,430 to reverse trend
š Bearish if $3,100 cracks
š¢ Trend: Neutral-Bearish ā Will ETH rebound or roll over?
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