Ethereum / TetherUS
Short

ETH: Range-Bound, But Breakdown Could Get Ugly

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On the ETH daily chart, the mid-zone is acting as a clear barrier. The price is currently consolidating within a range, caught between the key support zone and this mid S/R zone.

A breakout above could trigger a strong move higher, while a breakdown here would be a scary scenario for the overall market.

DYOR, NFA
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