🟢ETH/USDT Technical Analysis: What's Next for Ethereum? 🚀
ETH rejected the $2,000 support zone and surged by over 25%, exactly as anticipated. The question now is:
What's next?
➡️Bullish Scenario: Heading Towards $3,000? 🐂
As long as the bulls maintain their momentum, a continuation towards the $3,000 - $3,100 resistance zone is expected. This level is critical, as it represents the next major hurdle for ETH to overcome in its upward trajectory.
➡️Bearish Scenario: Correction Ahead? 🐻
However, if ETH breaks below the last 4H low at $2,600, it could signal a bearish movement. In this case, a pullback towards the $2,100 zone is possible, where we would be looking for new short-term long positions.
➡️What's Your Take? 🤔
Which scenario do you think is more likely to happen, and why? Let's discuss in the comments below!
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