*🧭 ETH: Long or Short? Let’s Break It Down! 🧐🔥*

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📍 *Current Price*: 2,518.68 (▼ -2.3

ETH is under pressure short-term, but it’s sitting near a key zone where bulls may step in. Let’s weigh both options:

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📈 *LONG Scenario*:

• *Support Zone*:2,480–2,520 holding strong

• *Bounce Catalyst*: ETH ETF narrative + L2 growth

• *Upside Targets*:

-2,640 (first resistance)

- 2,820 (major breakout level)

-3,050+ if trend flips bullish

➡️ Best for mid-term holders eyeing a bounce off oversold conditions.

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📉 *SHORT Scenario*:

• ETH broke short-term trendline with weak volume

• RSI is still neutral, room for more downside

• *Downside Targets*:

- 2,420 (local support)

-2,280 (strong buy zone)

- 2,100 if sentiment worsens

➡️ Best for aggressive traders betting on more selloff before bounce.

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📊 *Trending Signals*:

• ETH dominance stable

• On-chain activity low but ETH ETFs could revive momentum

• Macro uncertainty still weighing on risk assets

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*💡 Verdict*:

*Short-term = Neutral to Slight Bearish*

*Best Play = Wait for confirmation* 📉 above2,640 for a long OR 📉 breakdown below $2,480 for a short.

Risk control is 🔑 here. Wait for price action to decide.$ETH

$AAVE

$AVAX

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