Ethereum

Ethereum (ETH): Bearish Momentum Continues Amid Support Levels

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🔥 Potential Price Targets:
🩸 Near-term Goal: $3,100
🩸 Long-term Goal: $2,800

🔥 FinCaesar's Strategy:
🩸 Short: Below $3,400, targeting $3,100 and $2,800. Bearish MACD and sustained selling pressure support further declines.
🩸 Long: Above $3,700, aiming for $3,800 and $4,000. A reversal would require significant bullish volume, which remains uncertain.

🔥 FinCaesar's Commands:
🩸 Resistance: $3,700 — The next key barrier for the bulls to break.
🩸 Support: $3,100 — If broken, expect a sharp selloff toward lower levels.

Ethereum is currently under bearish pressure, with MACD momentum weakening and the price struggling below the critical resistance of $3,700. A breakdown below $3,100 could spark a deeper decline, making caution paramount for the bulls.

👑 "In uncertain markets, only the bold will conquer—remain relentless in your pursuit." — FinCaesar

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