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๐ #ETHTrendWatch
Ethereum (ETH) is currently moving in a consolidation phase, where the market is building strength before its next major move. The $3,000 level remains a key psychological zone, with both buyers and sellers actively defending their positions.
๐ Market Highlights:
ETH is holding above a strong support zone
Low volatility suggests a potential breakout setup
Institutional interest is slowly returning to the market
๐ Key Levels to Watch:
Support: $2,900 โ $2,950
Resistance: $3,100 โ $3,300
A clean breakout above resistance with strong volume could trigger the next bullish momentum, while a breakdown below support may lead to a short-term correction.
๐ง Trader Insight:
Patience is key in this phase โ wait for confirmation and manage risk wisely.
๐ Stay focused. Follow the trend.
#Ethereum #ETHTrendWatch #ETHAnalysis