$ETH
📊 How to Read This Chart
- Support Zones:
- $2,950 → Near-term support, where buyers often step in.
- $2,720 → Major support, strong accumulation zone.
- Resistance Zones:
- $3,200 → Key resistance; breaking above could trigger bullish momentum.
- $3,350 → Next resistance target if $3,200 is cleared.
- Buy Zone (Green): Between $2,720–$2,950, ideal for short-term entries.
- Sell Zone (Red): Between $3,200–$3,350, where profit-taking is recommended.
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⚡ Trading Recommendations
- Short-Term Traders:
- Look for entries near $2,950 with tight stop-losses.
- Target exits around $3,200–$3,350.
- Be cautious of ETF-driven volatility and macroeconomic news.
- Long-Term Holders:
- Accumulate gradually during dips below $3,000.
- Ethereum’s fundamentals (DeFi, NFTs, staking rewards, deflationary burn) remain strong.
- Holding through volatility could yield significant upside once ETH sustains above $3,200. #Ethereum
