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$ETH fights for strength while traders watch key support levels closely. 🔹
Ethereum traded between $2,304 and $2,382 over the last 24 hours, with price slipping 0.78%.
The broader trend still leans bullish.
MA7 stays above MA30.
MA30 holds above MA120.
ETH also remains above the 20-day moving average.
Short-term signals tell a different story. 🔹
MACD bearish divergence appears on both the 15-minute and 4-hour charts.
Selling volume increased during the decline, signaling growing pressure from short-term traders.
ETH also lagged behind BTC performance with a -1.72% excess return gap.
Market momentum slows.
Volatility builds.
Traders now watch for the next decisive breakout zone. 🔥
Ethereum holds structure.
The next move decides momentum.
Please always DYOR
⚠️ Not financial advice.
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