$ETH
Ethereum is currently trading in a consolidation range, showing signs of indecision after its recent move. Price action suggests ETH is respecting a key support zone, while facing selling pressure near a short-term resistance level.
From a technical perspective:
Trend: Neutral to slightly bullish in the short term
Support: Strong demand zone below current price (buyers stepping in on dips)
Resistance: Nearby resistance where price previously faced rejection
RSI: Around the mid-level (≈45–55), indicating neither overbought nor oversold conditions
MACD: Flattening, hinting at possible momentum shift
📌 Outlook:
If ETH breaks above resistance with volume, a short bullish continuation move is likely. However, failure to hold support may result in a minor pullback before the next direction is confirmed.
⚠️ Market remains news-sensitive; trade with proper.
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