๐ Ethereum (ETH) Price Analysis
๐ Current Setup
Crypto analyst Lennaert Snyder has highlighted key support levels to watch for Ethereum.
๐ Key Levels
Primary Support: $4,270
If ETH holds above, it could present a favorable entry for long positions.
Deeper Liquidity Zone: $3,950
If $4,270 breaks, traders may look for reversal signals here as a potential long setup.
Short Opportunity:
If ETH fails to sustain $4,270, short positions may be considered.
โ ๏ธ Takeaway
Ethereum traders should closely watch the $4,270 support as a pivotal level. Breakdown may open the way toward $3,950, while a strong defense could fuel bullish momentum.
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