$ETH
๐จ Market Watch: $ETH Coin Pair Update ๐จ
Ethereum ($ETH) is holding steady, but the $ETH/$SOL pair is showing signs of a potential breakout.
๐ Quick Analysis:
$ETH is slightly outperforming Solana ($SOL) after a period of sideways action.
If $ETH/$SOL clears above 0.11, it may indicate renewed strength in ETH versus Layer 1 competitors.
๐ Key Levels:
Resistance: 0.11
Support: 0.102
A move above resistance could attract capital back into ETH from SOL and other altcoins.
๐ Trading Insight:
ETH pairs are helpful for identifying sector rotations in the market โ especially between smart contract platforms.
Stay alert. Set alerts. Manage risk. ๐