ETH is now testing key resistance levels on the ETH/USDT pair. Breaking through this barrier could spark a strong rally as buyers push higher. However, if sellers defend the resistance and price action rolls over, we might see a retreat toward the demand zone below—a potential setup for risk-takers looking to average down or catch a bounce.
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DefiEngineerJack
· 01-19 06:19
ngl the resistance breakdown narrative is played out at this point... *actually™* if you run the orderbook microstructure analysis, those "support zones" are just liquidity traps lol. seen this film before—retail gets liquidated, whales accumulate, rinse repeat. show me the on-chain metrics or stop with the technicals
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CountdownToBroke
· 01-18 19:15
It's time to lick the blade again—whether to average down or cut losses comes down to luck.
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BearMarketSurvivor
· 01-16 11:59
Resistance levels are back? Can it break through this time? Feels like it's going to fall apart.
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ChainChef
· 01-16 11:59
eth cooking at a critical temp right now... either we're plating this dish or sending it back to the kitchen, no in-between vibes tbh
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ser_we_are_early
· 01-16 11:48
Break out and soar, or bottom fish if not broken—simple and straightforward, choose one.
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LiquidationWizard
· 01-16 11:39
The big whales bottom-fishing are either breaking the level or smashing through. I bet on the break.
ETH is now testing key resistance levels on the ETH/USDT pair. Breaking through this barrier could spark a strong rally as buyers push higher. However, if sellers defend the resistance and price action rolls over, we might see a retreat toward the demand zone below—a potential setup for risk-takers looking to average down or catch a bounce.