$ELU
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Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
The sell wall for $ETH has not been broken yet. If it breaks through that sell wall, there is no resistance until $2045.
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AI visual note: A TradingView candlestick chart for Ethereum (ETH/USD) on Coinbase from August 9-10, 2024, displays several horizontal resistance bands labeled as "Supply" and "Demand" zones, with notable price levels marked near $1,915, $1,902, $1,856, and lower support zones around $1,750-$1,790. The chart visually supports the post's claim by showing a clear supply/sell wall blocking ETH's upward movement, with the price currently sitting just below the resistance levels that would need to be broken before reaching the $2,045 target.