{"content":"📊$ETH has been overall bullish, trading inside this rising red channel for months. After breaking above the $2,885 resistance, bulls took full control, and price is now approaching the upper red trendline — an overbought zone where we’ve seen rejections before. As long as ETH holds above the $2,885 zone, the bulls remain in control. But since we’re near a strong resistance and the top of the channel, we’ll be waiting for a potential correction or at least a slowdown in momentum before looking for fresh entries. 📌 Key levels to watch: Resistance: $3,400 – $3,530 Support: $2,885 – $2,755 Let’s stay patient and follow the market’s lead. 🧠 Let me know your thoughts in the comments 👇 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/16/6dc4a2b6450943b689e2a3775c0964d1.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}