$ETH 📊 Ethereum (ETH) Market Update
ETH is currently trading near a key support zone, showing signs of consolidation after recent volatility. Price action suggests a cautious market as bulls and bears compete for control.
🔍 Technical Outlook:
Support: $1,900 – $1,960
Resistance: $2,100+
Trend: Short-term bearish, medium-term neutral
Recent candles show selling pressure near resistance, while buyers are trying to defend the lower range. A strong close above $2,100 could signal a trend reversal, while a breakdown below $1,900 may open the door for further downside.
📈 What to Watch: ✅ Volume increase near support
✅ Breakout above resistance
✅ Market sentiment & BTC correlation
💡 Summary:
ETH remains in a critical zone. Traders should watch confirmation from the next few candles before entering positions.
⚠️ Not financial advice. Always manage risk.
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