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ETH/USDT
ETHUSD
, 1D
Short
ETHUSD: ETH/USDT

Ether (ETH) broke and closed above the resistance line of the channel on Feb. 7 which is an indication that the downtrend could be over. Although bears defended the 50-day SMA ($3,208) on Feb. 8, they have not been able to pull the price back into the channel.

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