Ethereum / TetherUS PERPETUAL CONTRACT
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ETH IN A CRITICAL ZONE

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ETHEREUM is in a critical area from where it could likely breakdown. But the confirmation comes if it breaks the demand zone as well. Breaking the consolidation zone in the upper side with good volumes could give upward rally as well but that doesn't seem to be a likely case currently.

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ETH took a time correction near the PRZ and took off in the opposite direction.

With lot of short covering accelerated above 3221.

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