Ethereum is currently testing critical price levels that could trigger the next directional move. Traders are watching the $3,000 resistance closely—a sweep of this level could signal strong shorting opportunities if momentum fails. Conversely, if ETH manages to hold and break above $3,050, a bullish continuation becomes viable for long positions. The next few hours will be key in determining which scenario plays out. Keep an eye on volume confirmation at these levels.
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TestnetFreeloader
· 4h ago
Is the 3000 hurdle coming again? I bet it can't be broken.
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SlowLearnerWang
· 4h ago
Wait, I only understand when 3000 is thrown in. Now I realize I need to look at the trading volume?
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ChainDetective
· 4h ago
If you can't break 3000, will you be smashed again? Watch the movement in the next few hours.
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DevChive
· 4h ago
It feels like this 3000 level is about to break, and short positions could make a profit then.
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PuzzledScholar
· 4h ago
If 3000 can't be broken, it's a false breakout. Waiting to buy the dip.
ETH/USD Technical Setup
Ethereum is currently testing critical price levels that could trigger the next directional move. Traders are watching the $3,000 resistance closely—a sweep of this level could signal strong shorting opportunities if momentum fails. Conversely, if ETH manages to hold and break above $3,050, a bullish continuation becomes viable for long positions. The next few hours will be key in determining which scenario plays out. Keep an eye on volume confirmation at these levels.