💰 $ETH
is trying to bounce, but I'm not celebrating just yet! 👀
Ethereum is recovering around $2,265 after testing the lower side of its 6H descending channel.
It's good to see buyers stepping in, but the overall trend is still pointing down.
I'd like to see ETH break above the upper trendline and hold it after a retest. That would give me more confidence in a possible recovery.
On the other hand, if the lower boundary breaks, we could see another drop.
For now, I'm keeping an eye on the chart and staying patient. Better to wait for confirmation than rush into a trade.
No guessing, just wait for the right setup! 📊
is trying to bounce, but I'm not celebrating just yet! 👀
Ethereum is recovering around $2,265 after testing the lower side of its 6H descending channel.
It's good to see buyers stepping in, but the overall trend is still pointing down.
I'd like to see ETH break above the upper trendline and hold it after a retest. That would give me more confidence in a possible recovery.
On the other hand, if the lower boundary breaks, we could see another drop.
For now, I'm keeping an eye on the chart and staying patient. Better to wait for confirmation than rush into a trade.
No guessing, just wait for the right setup! 📊
