$ETH ETH on the radar today With CPI and Jobless Claims dat | Cryptoman241266 on Binance Square

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$ETH ETH on the radar today
With CPI and Jobless Claims data dropping, Ethereum could see some serious movement. Eyes on support/resistance levels — volatility is fuel for opportunity.

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$ETH ETH Technical Outlook (4H/1D) Currently observing a consolidation phase just above the $3,100 support zone. Price is ranging between $3,100 - $3,250, with decreasing volume suggesting a potential breakout. EMA50 and EMA200 on the 4H chart are tightening — watch for a bullish crossover. RSI hovering near 50 — no clear momentum yet. MACD shows a potential bullish divergence forming. A break above $3,250 could signal a continuation toward $3,450. If $3,100 fails to hold, downside risk opens to $2,950. Key levels: Support: $3,100 / $2,950 Resistance: $3,250 / $3,450 Leaning cautiously bullish if volume confirms breakout. Monitoring Binance Futures for potential long setup with tight stop below $3,100.

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