ethereumlayer2revolution
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$ETH is compressing inside a tightening consolidation range after its recent sell-off, currently hovering around $2,150–$3,220 while defending mid-range support near $2,420.
Volume contraction signals market indecision and a potential volatility expansion ahead. RSI sits near 47–51, reflecting neutral momentum with room for a directional push, while MACD is flattening and attempting a bullish crossover on lower timeframes.
Structure remains fragile below the $2,250–$2,120 resistance zone where sellers previously stepped in.
A confirmed breakout above $2,150 could open upside toward $3,000, but losing $2,300 support may trigger a deeper retest around $2,050–$2,400 demand areas.
#EthereumLayer2Revolution
#WhaleDeRiskETH #ETH
$ETH
Volume contraction signals market indecision and a potential volatility expansion ahead. RSI sits near 47–51, reflecting neutral momentum with room for a directional push, while MACD is flattening and attempting a bullish crossover on lower timeframes.
Structure remains fragile below the $2,250–$2,120 resistance zone where sellers previously stepped in.
A confirmed breakout above $2,150 could open upside toward $3,000, but losing $2,300 support may trigger a deeper retest around $2,050–$2,400 demand areas.
#EthereumLayer2Revolution
#WhaleDeRiskETH #ETH
$ETH
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