Ethereum has successfully broken through its falling trend line and is now retesting this key support level. From a technical standpoint, a bounce back above this trend line appears likely in the near term. If the rejection holds, we could see ETH push toward the next major resistance level. Watch for volume confirmation around this retest zone—it'll be crucial for validating the next leg of this move.
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DegenWhisperer
· 12-15 20:30
It looks like that time again, ETH is dancing at a critical point... Volume confirmation is the key!
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GreenCandleCollector
· 12-12 22:54
Hey, only volume confirmation is truly valid, otherwise it's all nonsense... Whether we can go up this time depends entirely on whether the trading volume will give us face.
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ContractBugHunter
· 12-12 22:52
My goodness, it's the same trend line logic again. It looks quite correct, but in reality... Let's wait and see.
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SigmaValidator
· 12-12 22:43
Confirming volume is the key; don't just look at the lines.
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SorryRugPulled
· 12-12 22:28
Here we go again with this technical analysis, volume confirmation—an old topic... But speaking of which, if this rebound really stabilizes, it still feels somewhat interesting.
Ethereum has successfully broken through its falling trend line and is now retesting this key support level. From a technical standpoint, a bounce back above this trend line appears likely in the near term. If the rejection holds, we could see ETH push toward the next major resistance level. Watch for volume confirmation around this retest zone—it'll be crucial for validating the next leg of this move.