TECHNICAL ANALYSIS | $ETH
$ETH testing the $2,476.98 level after rejection at $2,560.00 and looking for support in the $2,410.00 demand zone. The key resistance level to reclaim remains at $2,560.00.
• Zone: defend the $2,410.00–$2,460.00 floor at the close of this 4H candle.
• Invalidation: a close below $2,410.00 confirms the trap and opens the way for a drop toward $2,350.00.
• Target: bounce toward immediate resistance at $2,560.00.
Will support at $2,410.00 hold, or will the decline accelerate toward the range low? 📈
#ETH
$ETH testing the $2,476.98 level after rejection at $2,560.00 and looking for support in the $2,410.00 demand zone. The key resistance level to reclaim remains at $2,560.00.
• Zone: defend the $2,410.00–$2,460.00 floor at the close of this 4H candle.
• Invalidation: a close below $2,410.00 confirms the trap and opens the way for a drop toward $2,350.00.
• Target: bounce toward immediate resistance at $2,560.00.
Will support at $2,410.00 hold, or will the decline accelerate toward the range low? 📈
#ETH