🚨 $ETH ALERT: $1,950 BEFORE $3,400? 👀📉
Ethereum is trading near $2,440 after bouncing from a recent low around $2,320. But is this the beginning of a real recovery, or just another temporary relief rally?
📉 BEARS’ SCENARIO If ETH loses its key support, selling pressure could increase and push the price toward $1,950. A bounce alone doesn't confirm that the bottom is in.
📈 BULLS’ SCENARIO
🔑 $2,600–$2,700: Critical recovery zone
🚀 $3,400: Major upside target if bullish momentum returns
⚠️ $2,320: Recent low to keep on the radar
🐻 $1,950: Potential downside target if support breaks
🎯 MY STRATEGY I'm not rushing to open a LONG just because ETH has bounced. I'd rather wait for confirmation, a stronger structure, and a clear breakout before making a move.
Remember: protecting capital is just as important as catching a rally.
YOUR TAKE: Will $ETH revisit $1,950 before climbing to $3,400, or has Ethereum already found its bottom?
#Ethereum!
Ethereum is trading near $2,440 after bouncing from a recent low around $2,320. But is this the beginning of a real recovery, or just another temporary relief rally?
📉 BEARS’ SCENARIO If ETH loses its key support, selling pressure could increase and push the price toward $1,950. A bounce alone doesn't confirm that the bottom is in.
📈 BULLS’ SCENARIO
🔑 $2,600–$2,700: Critical recovery zone
🚀 $3,400: Major upside target if bullish momentum returns
⚠️ $2,320: Recent low to keep on the radar
🐻 $1,950: Potential downside target if support breaks
🎯 MY STRATEGY I'm not rushing to open a LONG just because ETH has bounced. I'd rather wait for confirmation, a stronger structure, and a clear breakout before making a move.
Remember: protecting capital is just as important as catching a rally.
YOUR TAKE: Will $ETH revisit $1,950 before climbing to $3,400, or has Ethereum already found its bottom?
#Ethereum!