ETH/USD Technical Outlook



Based on current price action, Ethereum appears poised for a test of lower support levels in the near term. Before anticipating the next significant upside move, the market may need to revisit these key support zones to establish stronger footing. This pullback could serve as a consolidation phase, allowing the asset to build momentum for a subsequent pump. Traders should monitor these lower support areas closely, as bounces from these levels could signal renewed buying interest and potential upside acceleration.
ETH0.57%
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Token_Sherpavip
· 6h ago
lmao "consolidation phase" aka we're not sure where this goes, gotta pray for support to hold before any of that "upside acceleration" talk even matters
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WalletWhisperervip
· 6h ago
Do we have to drop to the support level again before bouncing back? Same old trick, can you fool me this time?
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FallingLeafvip
· 6h ago
It's going to fall again. Every time, they talk about support levels, and support levels really do hold up well.
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FUD_Vaccinatedvip
· 6h ago
Here we go again with this set. When it drops, it's called "consolidation." Damn, what a naming skill.
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