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Trader Journals:::2026-05-03T13:17:32

#Ethereum chart analysis

#Ethereum chart analysis

#Ethereum Н4 Currently, ether is trading above the level of 2284.70 and also above the moving average. This indicates that a drop below these supports with subsequent consolidation below them would be a signal for further bearish movement. For now, there is a possibility of a move to the north, with the asset potentially being pulled towards the resistance level at 2384.46, where there will be attempts to break through and continue to the north. Alternatively, there may be a move to the south from the resistance. Let's see how the price behaves at this resistance and then draw conclusions about the further direction.
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