๐ $ETH at Crossroads โ Ready for the Next Leg Up?
๐ Ethereum (ETH/USDT) is showing resilience near the $2,985 level after facing rejection from $3,083. The chart shows consolidation just above key moving averages, which could set up the next big move.
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๐ Chart Analysis:
๐ผ Uptrend Intact: ETH is still riding above the 25MA ($2,980) and 99MA ($2,659), indicating strong mid-term bullish momentum.
๐ฐ Support Holding: Price is hugging the 25MA โ acting as a support zone for now.
๐ Pullback Healthy: Small dip after recent high of $3,083 โ no major sell-off.
๐ Volume Cooling: Lower trading volume suggests consolidation, not panic selling.
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๐ Best Time to Buy:
โ Smart Entry Zone: $2,940 โ $2,970
๐ Stop-loss idea: Below $2,880
๐ Breakout Confirmation: Above $3,085 โ likely to push toward $3,150โ$3,200 next.
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๐ฎ Short-Term Prediction:
If BTC remains stable and ETH holds above $2,950, expect a breakout soon.
First target: $3,100+
Mid-term target: $3,250 if trend continues.
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๐ก Strategy:
Donโt FOMO. Let it retest support zones or break out cleanly. ETH remains a top bullish asset in the current market structure..
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