#EthereumFuture **$ETH Price Action Update: What’s Next?**
$ETH is testing key resistance levels — but before you jump in, here's what the charts are saying:
- **EMA lines are converging**, signaling possible indecision.
- Price is **hovering near the upper Bollinger Band (~$1800)** — but unless the Band expands *upward*, a breakout rally is **unlikely**.
- If the Bollinger Band stays flat, **$ETH could retrace**, following broader market pressure.
- **Mid-line support at $1620** is critical. A break below could trigger a deeper pullback.
- While the **MACD is still expanding**, the **K-line divergence** shows mixed momentum signals.
**Conclusion:** Watch the Bollinger Band — if it opens up, we might see a surge. If not, prepare for a potential dip. Trade smart!
**Tag a trader** who needs this update and stay tuned for real-time analysis!
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