๐จ Ethereum Daily Update โ Will the Bulls Hold the Line? ๐๐ฅ
๐ Current Price: ~$3,651
๐ 24h Change: -2.52%
After a strong rally in July, ETH is taking a breather. But is this just a healthy pullback or a signal of deeper correction? Letโs break it down ๐
๐ Key Levels to Watch:
๐ก๏ธ Support Zones:
$3,579 โ $3,628 ๐ Current key support zone
$3,269 ๐ Next strong support
$3,027 ๐ Top of old range โ must hold
Below that: $2,810 | $2,490 | $2,319 | $2,205 | $2,104
๐ง Resistance Zones:
$3,828 ๐ Recent peak
$4,000 & $4,119 ๐ Psychological & technical levels
Further upside: $4,474 | $4,842 | $5,000 | $5,190 ๐
๐ฎ Whatโs Next for ETH?
โ Bullish Scenario:
If ETH holds above $3,579, it could bounce back toward $3,828+ and possibly retest $4K+ ๐
โ ๏ธ Neutral/Correction Scenario:
If this zone breaks, ETH may retrace to $3,269 or $3,027 for a healthy reset before resuming its climb.
โ Bearish Scenario:
A break below $3,027 might flip the trend and take ETH back to $2,800
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Ethereum is at a crucial support zone. Bulls must defend $3,579 to keep the momentum alive.
Watch for price action and volume โ those will be your signals ๐๐
๐ง Tip: In crypto, strong pullbacks often create stronger opportunities โ just follow the trend, not emotions.
