đNEUTRAL: $ETH (1W)
Analysis:
The ETH/USDT weekly chart is currently testing key resistance levels within a descending channel. If it manages to break above the $3,050 mark, this could pave the way for a significant bullish move. However, maintaining support at the 100MA around $2,150 is crucial for sustaining bullish momentum.
Price Targets:
In case of a successful breakout above $3,050, the next target would likely be around $3,850. Conversely, if support at $2,150 fails, it could lead to further downside. Keep an eye on these levels for potential trading opportunities!
