ETH Bullish and Bearish scenarios

ETH Support and Resistance Analysis

The support level for ETH is currently between 3082.97 and 2941.77. A weekly candle close below 2941.77 would be considered bearish. Ideally, we want to see a bounce off this support level, which could then lead to another attempt to break through the resistance of 3971.58.
Trend Analysis

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