ETH is currently trading around $4,027 (-1.24%) after facing rejection near $4,216 and finding support around $3,927.
🔸 Key Levels:
Resistance: $4,045 – $4,084
Support: $3,927 – $3,900
📈 The short-term trend shows slight recovery after a dip, as the price moves above the MA10 (3,996) but remains below MA30 (4,045) — indicating a possible consolidation zone before the next move.
💬 My Take: ETH might retest the $4,045 resistance soon. If it breaks above, we could see bullish momentum building up again. But if rejected, a pullback toward $3,927 support is possible.
⚠️ Stay alert and manage your risk wisely — market is preparing for its next ondirection!
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📊 #ETH/USDT Market Update
ETH is currently trading around $4,027 (-1.24%) after facing rejection near $4,216 and finding support around $3,927.
🔸 Key Levels:
Resistance: $4,045 – $4,084
Support: $3,927 – $3,900
📈 The short-term trend shows slight recovery after a dip, as the price moves above the MA10 (3,996) but remains below MA30 (4,045) — indicating a possible consolidation zone before the next move.
💬 My Take:
ETH might retest the $4,045 resistance soon. If it breaks above, we could see bullish momentum building up again. But if rejected, a pullback toward $3,927 support is possible.
⚠️ Stay alert and manage your risk wisely — market is preparing for its next ondirection!
#Gateio #CryptoMarket #ETHUpdate #TradingInsights #GateSquareMidAutumnCreatorIncentive