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Ethereum Continues to Test Support at $2,300
Ethereum has once again tested the 4-hour IMM, maintaining the expectation of a decline. The $2,300 zone remains a key support level to watch.
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AI Analysis
The recent price action of Ethereum indicates a tested support around the $2,300 mark, which has historically been a significant level for this cryptocurrency. The fact that Ethereum has revisited thi...
AI Recommendation
Given the current technical setup, it would be prudent to wait for confirmation of the support level at $2,300. If Ethereum shows signs of weakness and drops below this zone convincingly, it could tri...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.