đ Ethereum at a Crucial Juncture! đ
- ETH is testing the Head & Shoulders neckline + 100-day MA at $2.7K.
- A breakout could trigger a massive short liquidation, pushing prices higher.
- Key resistance: $3K. Failure to breach could lead to rejection.
- On-chain data shows significant liquidity above $2.7K, hinting at potential for a bull run.
What do you think? Will ETH break out or face rejection? Share your thoughts in the comments! đŹ
#Ethereum #Crypto #DeFi #Bullish