Current Price: ~$1,844.31
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Hey Crypto Warriors! ⚔️
Ethereum has shown impressive strength recently, firmly establishing itself above the $1,800 level. But the real question is — are we gearing up for a breakout toward $2,000? Let’s dive into the setup!
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🔍 Market Overview:
Resistance Zone: $1,880 – $1,920
Support Zone: $1,780 – $1,800
All-Time High: $4,868.8 (November 10, 2021)
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📈 Potential Upside Play:
If ETH breaks above the $1,880 resistance zone:
Entry Zone: $1,850 – $1,860
Stoploss: $1,800
Targets:
TP1: $1,920
TP2: $2,000
TP3: $2,150+
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📉 Potential Downside Reaction:
If ETH faces rejection at $1,880 and starts pulling back:
Entry Zone: $1,870 – $1,880 (only on strong rejection signs)
Stoploss: $1,920
Targets:
TP1: $1,800
TP2: $1,750
TP3: $1,680
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⚙️ Technical Snapshot:
Moving Averages: The 5-day MA is above the 10-day MA = bullish short-term momentum.
RSI: Currently around 65, showing strength but nearing overbought levels.
Volume: Rising trading volume = increased interest and momentum building.
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🧠 Final Thoughts:
Ethereum is at a critical decision point. A clean breakout above $1,880 could open the gates toward $2,000 and beyond!
However, failure to break resistance might invite a healthy pullback — stay agile and manage your risk smartly!
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⚡ Buy & Trade on 👉$ETH
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Disclaimer: Trade at your own risk. This is personal analysis, not financial advice.
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