$ETH is approaching a level that could decide its next move.
The $2,812.50 area stands out as key resistance. If Ethereum can break and hold above it, the chart could open the door for a stronger continuation higher.
But another rejection here could bring sellers back into control and send $ETH back toward lower support zones.
So I’m not interested in chasing the move.
I’m watching how price reacts around $2,812.50 first.
Break and reclaim = bullish confirmation.
Rejection = patience.
ETH is at an interesting decision point.
The $2,812.50 area stands out as key resistance. If Ethereum can break and hold above it, the chart could open the door for a stronger continuation higher.
But another rejection here could bring sellers back into control and send $ETH back toward lower support zones.
So I’m not interested in chasing the move.
I’m watching how price reacts around $2,812.50 first.
Break and reclaim = bullish confirmation.
Rejection = patience.
ETH is at an interesting decision point.
