๐น Current Price: $4,202.86
๐น 24h High: $4,386.21
๐น 24h Low: $4,192.01
๐น 24h Volume: 7.48M ETH / 32.18B USDT
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๐ฅ Market Overview
Ethereum is currently trading around $4,200, showing a slight pullback of -2.43% ๐ after touching its recent high of $4,386. Despite this correction, ETH remains in a strong upward trend โก.
๐ The chart indicates that Ethereum recently retested the $4,877 resistance zone (previous top) and is now consolidating near $4,200.
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๐ฏ Key Levels to Watch
โ Support Zones:
$4,190 โ Immediate support ๐ก๏ธ
$3,800 โ Strong psychological level
๐ Resistance Zones:
$4,386 โ Short-term breakout level
$4,877 โ Major resistance (previous ATH)
$5,100+ โ If ETH breaks ATH, new bullish rally may start ๐
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๐ Indicators & Sentiment
Volume: Trading volume remains healthy, indicating strong market participation ๐
Moving Averages (MA5 & MA10): Both are pointing upward โก๏ธ showing bullish pressure ๐ช
Sentiment: Traders are closely watching $4,200 support & $4,386 resistance.
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๐ Conclusion
Ethereum is in a critical breakout zone โ ๏ธ.
If ETH breaks $4,386, we could see a rally toward $4,877 โ $5,100 ๐.
If ETH fails and falls below $4,190, it may revisit $3,800 for support.
๐ Short-term traders should stay alert โก while long-term investors may see this as
an accumulation opportunity before the next bullish wave ๐.
