🚀 $ETH Getting Hotter! Potential for Increase or Correction? Let's Dissect the Scenario! 🚀
📉 Current Price: ETH is at $3,255 with a decrease of -1.19%. But don't panic too quickly! Let's dissect the possible scenarios, who knows it will be a profit opportunity!
1️⃣ Bullish Scenario 🌈
ETH is still above MA(5) and MA(10), which means the short-term trend is positive. If ETH can break through the resistance at $3,390, we can see a price spike towards the next levels. This could be a signal for those who want to take a buy position before further increases!
2️⃣ Consolidation Scenario 📊
Trading volume is starting to weaken—meaning buying interest is decreasing slightly. If the price continues to be stuck around $3,255 and fails to break through the resistance, ETH may go sideways first. Suitable for those who like range trading strategies, take positions at support and sell at resistance.
3️⃣ Bearish Scenario 🐻
If the price falls below $3,081 and volume decreases, ETH could head towards the next support at $2,667. This could be a signal for those who like short selling or taking positions during corrections.
The choice is yours! Is this the moment you've been waiting for to buy, or is it better to wait for a pullback first? Come on, share your opinion in the comments column! 💬💸
