As anticipated, Ethereum has achieved all weekly targets, perfectly following our bullish (green) scenario. Price currently tests a key resistance zone after:
Technical Observations:
Key Levels:
Conclusion:
While the trend remains intact, weakening momentum signals potential short-term correction. Trade plan aligns with Monday’s video analysis.
- Holding critical monthly support at $2,966
- Rallying to our projected upside targets
Technical Observations:
- Bearish Divergence (4H RSI)
- Trend Weakness (H1 & H4 ADX decline)
- Seller Reaction at resistance, yet holding above $3,300
Key Levels:
- Break above resistance → Continuation likely
- Break below $3,300 → Pullback toward $3,000-3,100 expected
Conclusion:
While the trend remains intact, weakening momentum signals potential short-term correction. Trade plan aligns with Monday’s video analysis.
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✅My Telegram
t.me/trading_mura
t.me/trading_mura
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.