MEXC:ETHUSDT Price broke above the critical $2100 resistance level and consolidated with a bullish trend, reaching $4000. After reaching those highs, the price met some resistance and pulled back a bit. it's currently showing positive signs around the $3000 FVG (Fair Value Gap). As long as the price remains above $3000, the long-term outlook is bullish, with targets of $4400 and $4700.
In case of a breakdown and confirmation below the $3000 support, the probability of a deeper correction increases.
This is not financial advice, though❗ Do your research before making any investment decisions.
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