Ethereum Stuck in Intraday Range
Ethereum is currently trading within an intraday range, characterized by slow and choppy price action.
- A bearish dip followed by a bullish rejection at $3,725, aligning with the ascending trendline, could push Ethereum's price toward $4,003 (indicated by the green dashed projection).
- A bullish breakout above $4,003, accompanied by sustained price action at this level, may lead to an extension toward $4,277 (indicated by the green solid projection).
- A bearish move below $3,725 is likely to accelerate momentum toward the $3,402–$3,451 support zone (indicated by the red solid projection).
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