Price: $4,413 | 24h Change: -0.48%
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๐ Market Snapshot
Ethereum is trading in a tight consolidation zone, holding firm above $4,380 support while repeatedly testing $4,490 resistance. This type of setup often signals that a decisive breakout is just around the corner.
Support Zone: $4,380
Resistance Zone: $4,490
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๐ฏ Trading Plan
Entry Zone: $4,390 โ $4,420
Stop Loss: $4,340
Targets:
1๏ธโฃ $4,480
2๏ธโฃ $4,600
3๏ธโฃ $4,750
Trade Validity: 3โ5 days
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๐ Technical View
RSI: Mid-range โ ETH still has room to climb before overbought conditions.
MACD: Momentum is shifting bullish with signs of a potential crossover.
Volume: Buyers are stepping in on dips, showing bulls are defending key levels.
๐ A clean breakout above $4,490โ$4,500 could accelerate ETHโs move toward $4,700+.
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๐ก Fundamental Boost
Institutional demand and $ETH ETF inflows are strengthening market confidence.
Overall crypto sentiment is stabilizing, favoring upside momentum.
Ethereumโs critical role in DeFi and Layer-2 scaling continues to drive long-term adoption.
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๐ฅ Bottom Line: $ETH is building momentum. A push above resistance could trigger a strong rally, with $4,750 as the near-term target zone.
๐ฌ Do you think Ethereum will smash through $4,700 this week? Drop your thoughts below ๐๐
