ETHUSD potential support at $1250-$1300

Ethereum is very close to the critical $1250-$1300 support zone. We also see the formation of a new lower low, and the previous high was stopped at the 61.8% Fibonacci level. If the price breaks below this support, it opens up the $1200 level and then the $1100 level. For a bullish option, we need a return to the $1400-$1450 zone and break above.


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