Ethereum Price Shows Weakness, Pullback Possible – Trading Signals & Targets

Will Ethereum prices surge or experience a significant decline? Traders are closely watching for signals in the charts. This article explores potential price targets and trading strategies based on support, resistance levels, and key indicators. We analyze the current price action of ETH at $2916, its proximity to key support and resistance levels ($2800), and identify possible trend reversals. Discover next-level price targets using the provided Fibonacci levels ($3221) and EMA analysis. A deeper pullback might be expected as momentum remains weak, emphasizing cautious trading and risk management.