*🚀 Ethereum Rebounds from Key Support, Eyes 2,800 Breakout!*

Ethereum (ETH) is showing signs of a bullish reversal after bouncing off the2,730–2,760 support zone. 📈 With increasing trading volumes and positive momentum indicators, ETH is poised to challenge the critical2,800 resistance level.

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🔍 Technical Snapshot

- *Current Price:* 2,623.71

- *Support Zone:*2,730–2,760

- *Immediate Resistance:*2,800

- *Next Targets:* 2,850 and3,000

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📊 Indicators & Market Signals

- *RSI:* Trending upwards, indicating growing buying interest.

- *MACD:* Bullish crossover suggests potential upward momentum.

- *Trading Volume:* Increased activity supports the bullish outlook.

- *On-Chain Data:* Ethereum recorded a net inflow of over 904 million recently, signaling strong investor confidence [1] .

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🎯 Trading Strategy

- *Entry Point:* Consider entering near2,800 upon confirmation of breakout.

- *Profit Targets:* First target at 2,850, followed by3,000.

- *Stop-Loss:* Set below 2,730 to manage downside risk.

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📈 Outlook

If ETH successfully breaks above2,800 with sustained volume, it could pave the way for a rally towards $3,000. However, failure to overcome this resistance may lead to a retest of the support zone. Traders should monitor price action closely for confirmation.

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*Stay informed and trade wisely!*

---$ETH

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