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📉 Ethereum at a crossroads: focusing on the support of $2500

Ethereum is currently testing the $2,500 area, at the mid-range of the Bollinger Bands and near the average price level of ( $2,513 ). A break below this range could open the way towards the lower range of ( around $2,440 ), while a bounce at this range would keep the bullish trend intact.

🔍 Key Signals:

The Relative Strength Index is neutral at around 55 - there is no clear momentum.

The MACD indicator chart is fading, indicating weak upward pressure.

The Bollinger Bands indicators have become tighter - and the volatility squeeze may signal a big move soon.

🧠 Are we preparing for another rise - or is there a deeper correction on the table?