š„ Ethereum Cooling Off Near $3700 ā Consolidation Before Next Move? š
$ETH is currently trading at $3702 after a strong bullish rally from the $3580 zone. The 30-minute chart shows a clear uptrend, supported by the 3 key SMAs:
MA-7 at $3691 (holding tight)
MA-25 at $3639
MA-99 far below at $3587, confirming long-term strength
After touching a high of $3713, ETH is now consolidating sideways, forming a base around the $3700ā$3750 zone. If bulls regain momentum, a breakout toward $3800 is likely. Otherwise, watch the MA-7 support for any signs of weakness.
š Still strong overall ā ETH could be preparing for its next leg up!
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