Ethereum / UST

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Ethereum / UST forum


ETHUSDT JUST DID IT AGAIN!

Liquidity grab. RSI oversold.

Every single time this combo printed Ethereum reversed violently.
Strong hands see traps. Weak hands see fear.

The script hasn’t changed. Neither has the outcome.

ETHUSD ETHBTC BTCETH

ETHUSDT
Price broke the local support zone outlined in last week’s market update and is now following the broader macro structure from the August reviews, testing the mid-term support zone.

I am watching for the correction to be finishing around the 3740–3700 / 3430 support area, after which ETH could start building a new base for a move into new macro resistance levels beyond ATH, most likely during Q4.

Chart: tradingview.com/x/IUW9aply/

Previously:
• On consolidation from Aug market review (Aug 17): tradingview.com/x/Fu5O425Y/
Snapshot




ETHUSDT Technical Outlook
After the recent bull move, Ethereum is currently trending lower. Price action suggests that ETH may test the support zone in the $3,650 – $3,750 range. If this level holds, we could see a period of consolidation before the market decides on the next directional move. A confirmed bounce from support may set up the next leg higher, while a breakdown could open the way for deeper retracements.

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