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💥⚜️💢 Something is happening with $ETH and most people are looking at the wrong level.
Price action here is becoming more intense. We just saw a fairly good bounce from the $2,300 area that seems to be holding as solid support for now.
Looking at the candles, we have a series of higher lower highs but resistance at $2,460 acting like a heavy ceiling. Volume remains fairly stable so there are no signs of a false breakout yet.
If we can break through $2,400 with real confidence, the next move upward looks very open. But if this rejection holds, we might drop back to test the $2,250 range again.
I am closely monitoring the order book. Currently, it’s almost evenly split 50/50 between buyers and sellers, which usually means a big move is waiting.
Patience is key here. Don’t chase in the middle of the range.
#WCTCTradingKingPK
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