ETH 50% Fibonacci support level hold strong ---> PUMP

As observed on the chart, the descending trendline has exerted significant downward pressure on Ethereum's price. The asset is now testing the critical 0.5 Fibonacci retracement level, which is demonstrating notable support characteristics. Should this technical foundation hold, we anticipate potential strength accumulation sufficient to challenge and potentially break above the key trendline resistance. A confirmed breakout would signal renewed bullish momentum, establishing conditions favorable for a potential ascent toward higher price levels, possibly testing previous significant highs.

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