$ETH Trapped Under Key Moving Averages! Is Ethereum Preparing an Explosive Turn? 📉
Ethereum is displaying an intense technical test on the 1H chart, currently consolidating at 2,668.68. The asset is staying suppressed underneath the short-term resistance cluster of the MA(7) at 2,669.51 and the heavy MA(25) at 2,670.73.
With the heavy macro MA(99) line capping the upside at 2,686.19, bulls must accumulate massive buying volume to prevent a breakdown below the vital 2,635.69 support floor.
👇 Are you buying this dip or waiting for sub-$2600? Vote below!
#ETH #Ethereum #crypto #trading #TradingSignals
Ethereum is displaying an intense technical test on the 1H chart, currently consolidating at 2,668.68. The asset is staying suppressed underneath the short-term resistance cluster of the MA(7) at 2,669.51 and the heavy MA(25) at 2,670.73.
With the heavy macro MA(99) line capping the upside at 2,686.19, bulls must accumulate massive buying volume to prevent a breakdown below the vital 2,635.69 support floor.
👇 Are you buying this dip or waiting for sub-$2600? Vote below!
#ETH #Ethereum #crypto #trading #TradingSignals
