Ethereum
Long

Ethereum at the Crossroads: Can Bulls Maintain the WMA 50 Grip?

205
- Technical Pulse:
- Current price flirting with the WMA 50 ($2,521.54), suggesting a possible make-or-break moment.
- Highlight convergence zones: WMA 21 ($2,296.75) and EMA 200 ($2,277.07) forming a soft cushion below.

- Volume Snapshot:

69.19K weekly—enough activity to suggest accumulation

- Sentiment Analysis:
Gauge prevailing investor sentiment amid consolidation and macro uncertainty.

- Scenario Forecasts:
- Bullish Path: Sustained hold above WMA 50 opens room toward $2,800+.
- Bearish Reversal: Rejection from current level could retest EMA 200 support zone.


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