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ETH

Ethereum Tests $4,500 Support — Watch for Confirmation

I noticed Ethereum briefly dipped below $4,500, testing recent support before recovering. The move looks like a short-lived volatility event rather than a decisive trend reversal.

I remain cautious and am watching intraday volume and macro drivers for confirmation; a sustained breach of lower support would be bearish, while a clean reclaim above $4,700 would be bullish.

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Analysis

Price action shows a shallow break below $4,500 with quick recovery, indicating volatility near a key support zone. Watch volume, nearby support around $4,200–$4,400 and resistance near $4,700 for dir...

Recommendation

I’m watching price and volume for confirmation. If ETH stabilizes near $4,200–$4,400 with supportive volume I would consider buying on weakness; otherwise wait for a decisive reclaim of $4,700 or clea...

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.

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