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Ethereum Tests $4,400 Support — Watch for Confirmation
I noticed Ethereum briefly dipped below $4,400. The move was short-lived and looks like a technical probe rather than a decisive trend change.
I'm watching price action and volume to see if buyers step in around the $4,400 area or if the break gathers momentum on higher volume.
For now I won’t make aggressive changes; I’ll wait for confirmation before adding or trimming exposure.
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Analysis
I view the drop under $4,400 as a short-term technical dip likely caused by profit-taking and intraday volatility. Key signs to watch are whether price reclaims $4,400 with supportive volume or extend...
Recommendation
I’m watching price and volume closely. If the breach is sustained with strong volume I’d consider reducing exposure; if buyers hold the $4,400 area, I’d treat further dips as potential buying opportun...
Disclaimer
The 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.