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💥⚜️💢 Something is forming with $ETH and most people are looking at the wrong levels.
Price movement here is tightening. We’ve seen a good bounce from the $2300 area, which now appears to be strong support.
Looking at the candles, we have a series of higher lows, but resistance at $2460 is acting as a heavy cover. Volume remains largely steady, so it doesn’t seem like a trap yet.
If we can break above $2400 with real conviction, the next bullish phase looks wide open. But if this rejection continues, we may retest again in the $2250 range.
I’m closely watching the order book. It’s roughly split 50/50 between buyers and sellers, which usually means a big move is imminent.
Patience is key here. Don’t chase the middle range.
#WCTCTradingKingPK
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