ETH: Bullish Momentum as Price Nears Key Resistance
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🔥 Potential Price Targets for Next Month: 🩸 Near-term Goal: $3,500 🩸 Long-term Goal: $3,109
🔥 FinCaesar's Strategy: 🩸 Long: Above $3,500, targeting $3,700 and $3,761. Bullish MACD momentum and EMA support suggest further upward movement. 🩸 Short: Below $3,100, targeting $3,000 and $2,900. A breakdown below this level could weaken bullish momentum.
🔥 FinCaesar's Commands: 🩸 Resistance: $3,761 — The key level for bulls to break. 🩸 Support: $3,109 — A critical level to defend against bearish pressure.
Ethereum is showing strong bullish momentum. If the price clears the $3,500 mark, further gains toward $3,700 and $3,761 are likely.
👑 "The greatest opportunities lie just beyond resistance—act swiftly and claim your victory." — FinCaesar
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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.