📊 ETH Price Analysis: Bulls Taking a Break?
After a strong rally pushing #Ethereum above $3,400, we're seeing a healthy correction.
Key points:
📈 Recent price action:
Broke above all major SMAs
Reached $3,444 intraday high
Currently seeing -4% pullback
RSI indicates overbought conditions
🎯 Key levels to watch:
Support: $3.000 - $2.850
Resistance: $3.400 - $3.500
Despite the current correction, long-term outlook remains bullish.
The question is: temporary pullback or deeper retracement? 🤔
What's your ETH price target? 👇
#ETH #CryptoTrading #TechnicalAnalysis
