ETHUSDT SPOT
Long

DeGRAM | ETHUSD is preparing for a local pullback

184
📊 Technical Analysis
● ETH/USD is testing the support line at $2,811.77 after a rejection from the resistance zone near $3,100.00.
● The price is forming higher lows above the support, suggesting a potential bullish continuation if it holds the current support levels.

💡 Fundamental Analysis
● Ethereum has seen increased network activity, with more decentralized applications (dApps) pushing the demand for ETH.

Summary
● Key support is at $2,811.77, while resistance lies around $3,100.00. Look for a rebound off support for a short-term bullish move.

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