ETH is facing rejection from the strong supply zone around $4,800. The weekly candle failed to hold above that level and is now pulling back towards the key demand zone between $3,200–$3,300.If the price fails to reclaim this support, we could see a more bearish scenario unfolding.
DYOR, NFA
Thanks for the reading
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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.