ETHUSDT - A pullback before breaking through 2400...

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ETHUSDT.P is forming a correction following a short squeeze. The altcoin is testing a key support level within its uptrend and may continue to rise. The uptrend remains intact

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Bitcoin is consolidating above the 80,000 mark, having previously opened a new range of 80,000–95,000. The consolidation is forming above resistance, i.e., in the buying zone.
Accordingly, the flagship coin’s bullish momentum will support altcoin prices.
Ethereum is forming a liquidity hunt (correction) within the trading range. The correction does not break the bullish trend but gathers liquidity for a possible breakout of the consolidation resistance.

Resistance levels: 2,385, 2,398, 2,463
Support levels: trendline, 2313, 2250


If the bulls hold the price above 2315, this will confirm the formation of a local bottom and support the bullish trend. A breakout above 2400 could trigger a rally toward 2600

Best regards, R. Linda!

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