$ETH Outlook and potential scenarios
📈 Positive scenario (bullish rebound — more likely in the short term):
Given that the daily RSI has reached deeply oversold territory (24.10) and the price is holding above the 2,406 low:
Upcoming targets: A corrective rebound is expected, initially targeting 2,550–2,600 USDT (the 4-hour moving-average resistance).
If the price breaks above 2,600 USDT and a daily candle closes above it, the rise may continue toward 2,660–2,700 USDT.
📉 Negative scenario (continued decline):
If the price fails to hold above the current support and breaks below the recent low of 2,406 USDT:
The price may move to test the next key support levels at 2,224 USDT (the daily MA100), then 2,133–2,110 USDT (daily MA200 / weekly MA21).
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