$ETH BACK NEAR MAJOR SUPPORT ... RECOVERY OR ANOTHER BREAKDOWN?
ETH has crashed hard again and is now trading close to the 2,350 support zone we’ve been watching for weeks.
Current Price: ~2,444
Key Support: 2,350–2,400
Next Price: 2,500
Recovery Target: 2,570
As long as 2,350 holds, I still see a strong chance of a recovery back toward 2,500–2,570.
But if 2,350 breaks cleanly, the bullish recovery setup is invalidated and downside risk increases significantly.
Trade on $ETH
ETH has crashed hard again and is now trading close to the 2,350 support zone we’ve been watching for weeks.
Current Price: ~2,444
Key Support: 2,350–2,400
Next Price: 2,500
Recovery Target: 2,570
As long as 2,350 holds, I still see a strong chance of a recovery back toward 2,500–2,570.
But if 2,350 breaks cleanly, the bullish recovery setup is invalidated and downside risk increases significantly.
Trade on $ETH