$ETH at a Make or Break Level!
Ethereum is trading near $2,289, testing a major support zone around $2,180–$2,230 on the daily chart.
What makes this area interesting is that it has acted as both resistance and support in the past.
My View: I'm leaning bullish as long as ETH holds this zone. A strong bounce could push price back toward $2,400, followed by $2,600 and potentially $2,800.
However, a daily close below $2,180 could weaken this bullish setup and open the door for further downside.
I'm not expecting a straight move up. I want to see buyers defend this support and confirm the reversal first.
This could be an important turning point for ETH.
#ETH #Ethereum #Crypto #Altcoins #Trading
Ethereum is trading near $2,289, testing a major support zone around $2,180–$2,230 on the daily chart.
What makes this area interesting is that it has acted as both resistance and support in the past.
My View: I'm leaning bullish as long as ETH holds this zone. A strong bounce could push price back toward $2,400, followed by $2,600 and potentially $2,800.
However, a daily close below $2,180 could weaken this bullish setup and open the door for further downside.
I'm not expecting a straight move up. I want to see buyers defend this support and confirm the reversal first.
This could be an important turning point for ETH.
#ETH #Ethereum #Crypto #Altcoins #Trading
