$ETH is trading around $2,800 USDT, having recently slipped from higher levels. (TradingView)
Technical indicators are pointing caution: moving averages signal a “strong sell” trend, while oscillators remain more neutral. (TradingView)
There is a key support zone in the region around $2,450–$2,300, according to recent chart analysis; if that gives way the next major support could be even lower. (TradingView)
On the upside, resistance near $2,800–$2,900 is proving tough to breach, which means upside potential is limited unless momentum changes. (TradingView)
Bottom line: The pair is currently more favorable for cautious traders than for aggressive long positions. A rebound is possible—but more likely in a trading-range than a clear breakout.
Note: This is not financial advice—cryptocurrency markets are very volatile and you should check the latest data and your own risk tolerance before acting.
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