ETH is still weak in terms of intraday structure.
The 2,207–2,230 zone is a short-term support area to keep an eye on. If ETH fails to hold this area, the downside risk remains open. For a bullish setup, I want to see a reclaim of 2,275 followed by a successful retest.
My plan:
Support holds = watch for a bounce
Reclaim 2,275 = more valid momentum
Breakdown of support = skip for now
#Ethereum #TechnicalAnalysis #tradeplane
The 2,207–2,230 zone is a short-term support area to keep an eye on. If ETH fails to hold this area, the downside risk remains open. For a bullish setup, I want to see a reclaim of 2,275 followed by a successful retest.
My plan:
Support holds = watch for a bounce
Reclaim 2,275 = more valid momentum
Breakdown of support = skip for now
#Ethereum #TechnicalAnalysis #tradeplane