$ETH: HOLDING ABOVE $2,300—DOES ETHEREUM STILL HAVE A CHANCE TO RETURN TO $3,000? 👀
ETH is trading around $2,465 after being rejected near $2,750. However, I’m not rushing to turn bearish while the price is still holding an important support zone on the weekly chart.
In my view, the $2,300–$2,400 zone will determine ETH’s next move.
📍 Key price levels to watch:
Key support: $2,300–$2,400
Resistance: $2,750–$2,800
Next target: $3,000+
📈 Bullish scenario: If buyers successfully defend the support zone and ETH reclaims $2,750–$2,800, the $3,000 target could once again be in sight.
📉 Bearish scenario: If $2,300 breaks, ETH could continue its correction toward the $2,000 zone.
Personally, I’ll wait to see how price reacts at support rather than rushing to buy the dip. Holding support doesn’t necessarily mean the uptrend has returned.
What do you think: will ETH rebound to $3,000, or break below $2,300 first? 👇
ETH is trading around $2,465 after being rejected near $2,750. However, I’m not rushing to turn bearish while the price is still holding an important support zone on the weekly chart.
In my view, the $2,300–$2,400 zone will determine ETH’s next move.
📍 Key price levels to watch:
Key support: $2,300–$2,400
Resistance: $2,750–$2,800
Next target: $3,000+
📈 Bullish scenario: If buyers successfully defend the support zone and ETH reclaims $2,750–$2,800, the $3,000 target could once again be in sight.
📉 Bearish scenario: If $2,300 breaks, ETH could continue its correction toward the $2,000 zone.
Personally, I’ll wait to see how price reacts at support rather than rushing to buy the dip. Holding support doesn’t necessarily mean the uptrend has returned.
What do you think: will ETH rebound to $3,000, or break below $2,300 first? 👇