$ETH Market Analysis and Signal
$ETH is currently trading at $3,135.35, down -15.34%, reflecting significant bearish pressure. Key support is around $3,000, while resistance is near $3,200. A reversal may occur if price holds above $3,000, but a break below could signal further downside potential.
Trading Recommendations:
For short-term traders: Watch for a potential bounce at $3,000 with a target near $3,200. A drop below $3,000 could indicate further declines.
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Disclaimer: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure the safety of your funds.