Ethereum (ETH) :
Target Nears with 50% Gains and More Potential
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Price Action :
Ethereum (ETH) has surged nearly 50% since bouncing from the supportive trend at lower zones. Current price movement indicates continued strength.
Target Zones :
Target 1: $3950 (Next resistance level).
Future Projection :
Potential for new all-time highs (ATH) after the expected correction.
Critical Levels :
Support Zone :
Recent lows providing a strong base for price action.
Resistance Zone :
$3950, where a correction is anticipated.
Indicators & Analysis :
The bullish trend is gaining traction, signaling potential for further upward movement.
Expect a short-term correction after reaching $3950 before pushing higher.
Pro Tip :
Consider securing profits near the $3950 level, but stay prepared for the correction and eventual continuation to ATH.
Conclusion :
Ethereum has already delivered impressive gains, with the $3950 target on the horizon. Investors should monitor price action closely for potential re-entry opportunities after the expected pullback.