$ETH Market Update – March 8, 2025
📉 Current Price: $3,282 (-3.40%)
🔼 24H High: $3,434
🛑 24H Low: $3,110
📊 24H Volume (ETH): 1.57M
💰 24H Volume (USDT): 5.11B
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🔍 ETH Price Analysis & Key Levels
🔹 Support: $3,100 - $3,180 🛡️
🔹 Resistance: $3,430 - $3,520 🚧
Price Action
ETH is down 3.4%, struggling to hold above $3,200. A decisive move is likely as it squeezes between demand and resistance.
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🟢 Bullish Scenario ✅
✔️ Hold above $3,180 could trigger bounce toward $3,430
✔️ Breakout above $3,430 may push ETH to $3,520+
🔴 Bearish Scenario ⚠️
❌ Drop below $3,100 could open downside toward $2,950
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🎯 Trading Strategy: Watch for Breakout
🚀 Spot Trading (Swing Setup)
🛒 Buy Zone: $3,100 - $3,180
🎯 Targets: $3,430 | $3,520
⛔ Stop Loss: $3,050
⚡ Futures Trading (Aggressive)
📉 Short Setup (Failing $3,430):
🔹 Entry: $3,420 - $3,430
🎯 Targets: $3,200 | $3,100
⛔ Stop Loss: $3,520
📈 Long Setup (Bounce from $3,180):
🔹 Entry: $3,100 - $3,180
🎯 Targets: $3,430 | $3,500
⛔ Stop Loss: $3,050
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⚠️ Risk Management
✔️ MACD neutral, RSI near oversold
✔️ Volatility rising near $3,200 — trade with care
✔️ Watch 1H candle closes near support
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🔥 Summary
📌 ETH in pullback phase — testing $3,180 support
📌 Bulls need reclaim above $3,430 to reverse trend
📌 Bearish if $3,100 cracks
📢 Trend: Neutral-Bearish — Will ETH rebound or roll over?