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#CryptoAMA $ETH Potential Scenarios Bullish Scenario 1. Resistance Breakout: If ETH breaks above the 24-hour high of $3,149.71 with significant volume, it could trigger a bullish rally, targeting the next resistance zone around $3,200–$3,250. 2. Support Rebound: If the price sustains above the $3,080 support level (current price area), buyers may step in, pushing the price towards the moving average levels (e.g., MA(7) at $3,071.86 or MA(25) at $3,107.52). Bearish Scenario 1. Support Breakdown: If ETH fails to hold the $3,080 level and breaks below the 24-hour low of $3,042.93, the price could test lower support zones around $3,000 or $2,950. 2. Weak Volume Recovery: If the recovery attempt lacks sufficient trading volume, the price might face selling pressure near the $3,100–$3,120 zone and reverse downward. #CryptoAMA #HODLOnTight
#CryptoAMA
$ETH
Potential Scenarios
Bullish Scenario
1. Resistance Breakout: If ETH breaks above the 24-hour high of $3,149.71 with significant volume, it could trigger a bullish rally, targeting the next resistance zone around $3,200–$3,250.
2. Support Rebound: If the price sustains above the $3,080 support level (current price area), buyers may step in, pushing the price towards the moving average levels (e.g., MA(7) at $3,071.86 or MA(25) at $3,107.52).
Bearish Scenario
1. Support Breakdown: If ETH fails to hold the $3,080 level and breaks below the 24-hour low of $3,042.93, the price could test lower support zones around $3,000 or $2,950.
2. Weak Volume Recovery: If the recovery attempt lacks sufficient trading volume, the price might face selling pressure near the $3,100–$3,120 zone and reverse downward.
#CryptoAMA #HODLOnTight
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