### ๐ **Ethereum (ETH/USDT) Update โ Technical Snapshot**
๐ต **Current Price:** \~\$3,490
๐บ **Intraday High:** \$3,670 | ๐ป Low: \$3,453
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### ๐งฑ **Support Zones**
โ **\$3,500โ\$3,600** โ Key short-term demand zone
โ **\$3,000โ\$3,200** โ Strong mid-term cushion
โ **\$2,000โ\$2,500** โ Long-term on-chain investor base
โ ๏ธ **\$2,120** โ If broken, risk accelerates toward \$2,000
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### ๐ **Resistance Zones**
๐ซ **\$3,860โ\$3,900** โ Breakout zone = Bullish confirmation
๐ซ **\$4,100โ\$4,500** โ Major zone with historic pressure
๐ **\$5,000โ\$5,300+** โ ATH targets if macro + ETF narrative holds
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### ๐ **Strategy Overview:**
| ๐งญ Scenario | ๐ Strategy |
| ------------------------ | --------------------------------------------------------------- |
| โ **Bullish Bias** | Hold above \$3,600 โ eyes on \$3,900โ\$4,000 next |
| ๐ฅ **Breakout Play** | Clean break above \$4,500 = open skies toward \$5,000โ\$5,300+ |
| ๐งฏ **Bearish Risk** | Below \$3,500 could revisit \$3,000 or \$2,500 support bands |
| โ **Critical Breakdown** | Breach under \$2,120 = watch for strong downside toward \$2,000 |
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### ๐ง **Final Thoughts**
ETH is in **consolidation near highs**.
โข Volume & ETF inflows are key catalysts
โข Indicators like **RSI, MACD, Fib zones** can help confirm setups
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โ ๏ธ **Disclaimer:** Not financial advice. Always **DYOR** and manage your risk wisely. ๐ง ๐
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.