As reported by Chainthink, on November 27, Ethereum (ETH) rose 3.5% after a bullish signal but faced resistance at $3070. A 2-hour KDJ death cross was observed, with K falling below D, and the price remained constrained by the Vegas Channel. The recent surge saw lower-than-25-day average volume, indicating weak momentum. Traders are advised to watch resistance near $3100 and support near $2950, with caution against chasing highs due to poor liquidity and potential price deviations of ±$20.
ETH Technical Analysis: KDJ Death Cross and Vegas Channel Resistance Near $3100
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