Ethereum(ETH) just experienced a noticeable surge in trading volume.
On the 30-minute chart, trading volume suddenly jumped by 54.8%, with the current trading price around 3088.02 USDT. This sharp increase in volume typically indicates growing market participation and suggests that a trend may be about to start.
From a technical perspective, the key support level is locked at 3086.26, only 0.15% away from the current price, indicating it is very close to support. Looking further down, the range from 3052.43 to 3087.35 forms a relatively complete support zone.
For traders, this is an interesting moment. Near the critical support, if trading volume continues to support the move, it often creates a rebound opportunity. Many are placing orders around 3086.26, waiting for this rebound to occur.
Of course, increased volume is just one signal; subsequent price confirmation is equally important. Keep a close eye on ETH's upcoming performance to see if it can effectively hold this support zone.
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Ethereum(ETH) just experienced a noticeable surge in trading volume.
On the 30-minute chart, trading volume suddenly jumped by 54.8%, with the current trading price around 3088.02 USDT. This sharp increase in volume typically indicates growing market participation and suggests that a trend may be about to start.
From a technical perspective, the key support level is locked at 3086.26, only 0.15% away from the current price, indicating it is very close to support. Looking further down, the range from 3052.43 to 3087.35 forms a relatively complete support zone.
For traders, this is an interesting moment. Near the critical support, if trading volume continues to support the move, it often creates a rebound opportunity. Many are placing orders around 3086.26, waiting for this rebound to occur.
Of course, increased volume is just one signal; subsequent price confirmation is equally important. Keep a close eye on ETH's upcoming performance to see if it can effectively hold this support zone.