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$ETH Update
Ethereum is currently stuck inside a clear range, with price respecting both the upper resistance and the lower support. The structure shows repeated rejections from the top and weak bounces from the bottom, which signals a lack of strong momentum.
Right now, price is sitting just above a key support level, and this is the level that really matters. As long as it holds, we may continue to see sideways movement or a short-term bounce. But if this level breaks cleanly, it can open the door for a move towards lower levels.
In my view, this is a decision zone. The market is waiting for a breakdown, and that support is the trigger.
Until then, expect choppy price action inside the range.
DYOR, NFA
#ETH #Ethereum