Ethereum price rose 40% from the support, we are approaching a key pivotal area, strong resistance area. If price spikes above the resistance and shows rejection could mean liquidity has been collected and drop could happen. Remember we are still in a bear market and we have big news events coming up in the coming weeks. I will open a short position if we approach higher to the resistance levels.
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Comment below your thoughts and questions! Give us a boost and share with your friends if you find our analysis useful, that would be of great support!