Ethereum has been playing the patience game lately โ consolidating in a narrow range as traders await the next big move. ๐ Current Price: $3,240 ๐งฑ Support Zone: $3,200 ๐ง Resistance Zone: $3,280 The price action shows Ethereum repeatedly testing the $3,200 support and holding steady, forming a potential higher low. If we get a clean breakout above $3,280, expect a quick move toward the $3,350โ$3,380 zone ๐ However, if $3,200 breaks down, we could revisit $3,120 for a liquidity grab before any bounce.
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ChatGPT said:๐ $ETH Market Pulse (1H Outlook) ๐
Ethereum has been playing the patience game lately โ consolidating in a narrow range as traders await the next big move.
๐ Current Price: $3,240
๐งฑ Support Zone: $3,200
๐ง Resistance Zone: $3,280
The price action shows Ethereum repeatedly testing the $3,200 support and holding steady, forming a potential higher low.
If we get a clean breakout above $3,280, expect a quick move toward the $3,350โ$3,380 zone ๐
However, if $3,200 breaks down, we could revisit $3,120 for a liquidity grab before any bounce.
๐ญ Volume: Still moderate, suggesting accumulation before volatility returns.
๐ My bias? Bullish above $3,200 โ the chart favors patience and dips for entries.
โ#ETH #Ethereum #CryptoAnalysis #MarketUpdate #TradingSetup