$ETH 🚨 ETH/USDT Update 🚨 The bullish trend is showing s | Archionic on Binance Square

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$ETH 🚨 ETH/USDT Update 🚨
The bullish trend is showing signs of weakness, potentially turning into a bearish trendline. 📉 Keep an eye on key support levels! 🛑 Stay cautious and manage your risks! 💰
#Ethereum  #CryptoTrading #ETH🔥🔥🔥🔥 

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ETH: 🔍 Watch for Price Breakout to Determine Trading Direction Ethereum is currently navigating a complex phase following Bitcoin's recent all-time high near 93K. 📈 Since completing a bearish Head & Shoulders pattern, ETH has struggled to establish a clear direction. ❓ At present, we observe a contracting triangle pattern, suggesting a higher probability of a downward movement. 📉 However, to remain flexible and prepared for all trading scenarios, It has been outlined both potential outcomes. ⚖️ The breakout from this triangle will provide clarity on the new price direction, as illustrated in the accompanying chart. 📊 $ETH $BTC #COSSocialFiRevolution #ETH🔥🔥🔥🔥

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$ETH 🐂 vs 🐻: The battle continues! Right now, bulls are struggling to stay above the 3 and 6-month moving averages. 📉 It's unclear who will gain the upper hand, but if the bulls can't break through these levels, bears may take control. 🐻💪 Stay alert and keep an eye on market dynamics! 🚀📊 #Crypto #Binance #MarketTrends #ETH🔥🔥🔥🔥

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🚀 ETH USDT Review 🚀 Currently sitting at the $3200 mark! 📈 After this, I expect a pullback to $2760 before a retest of $3200. If we break through $3200, the target could be $4010! 🎯 But watch out—if we dip below $2760, we might see $2685 next. 📉 Also, there’s a chance of a retracement from $2685. Stay alert! 👀💰 $ETH #ETH🔥🔥🔥🔥

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ETH/USDT Technical Analysis Current Price Level: $2,570.93 Support Levels: $2,550, $2,500, $2,460, $2,400 Resistance Levels: $2,600, $2,650, $2,700, $2,770, $2,930 - The ETH/USDT pair has been consolidating in the $2,500-$2,600 range. - The $2,550 level is a significant support point, and the price has recently retraced to this area. - Closing above this support could indicate a continuation of the upward trend. - If the price breaks above the $2,600 resistance, targets of $2,650 and $2,700 could be in play. - The $2,770 level is also a critical resistance point. - In the longer term, the $2,930 level remains important. - If the $2,550 support is broken, the $2,500 and $2,460 levels will come into focus. - Volume indicators are supportive of the price movement. The technical outlook is generally positive, but maintaining the $2,550 support and breaking above the $2,770 resistance is crucial. The $2,930 resistance should also be monitored. $ETH #ETH🔥🔥🔥🔥

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The ETH/USDT pair appears to present a buying opportunity around the $2400 or $2425 levels. If it struggles to break through the $2600 and $2627 resistance zone, there is a possibility of a deeper pullback. Currently, the price is around 2520. It's important to monitor these levels closely. $ETH #ETH🔥🔥🔥🔥

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