$ETH is sitting at the level that matters.
Price dumped back into the $2,500-$2,570 zone, right where the trendline is coming in.
This is where bulls either defend or the chart gets messy.
Hold this area and I think $ETH bounces back toward $2,650-$2,750.
Lose $2,500 clean, and I’m not forcing longs.
Simple setup here:
support holds = bounce
support breaks = wait
$ETH bulls need to show up now.
Price dumped back into the $2,500-$2,570 zone, right where the trendline is coming in.
This is where bulls either defend or the chart gets messy.
Hold this area and I think $ETH bounces back toward $2,650-$2,750.
Lose $2,500 clean, and I’m not forcing longs.
Simple setup here:
support holds = bounce
support breaks = wait
$ETH bulls need to show up now.