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$ETH Update
Ethereum briefly broke above the key resistance, but the move couldn’t hold and price has slipped back below the level.
This looks like a classic fake breakout, likely trapping late buyers who chased the breakout.
Now that price is back inside the range, this rejection signals weakness at the top. If we continue to hold below this resistance, a pullback from here looks likely, with downside pressure building in the short term.
#Ethereum