Friends, ETH is currently trading around $2,456, and the weekly chart is sending us mixed signals!
ETH recently faced rejection near $2,800, allowing sellers to remain in control for now. But here's the interesting part: the price is still holding above the important support zone between $2,300 and $2,400.
I see two possible scenarios. If buyers regain control at $2,800, a move up toward $3,000 $ could be possible. But if this support gives way, ETH could slide toward $2,000.
My view: bearish caution below $2,800, with a possible bullish rebound if resistance is broken.
What do you think? Which comes first, $2,000 $ or $3,000 $ ?
ETH recently faced rejection near $2,800, allowing sellers to remain in control for now. But here's the interesting part: the price is still holding above the important support zone between $2,300 and $2,400.
I see two possible scenarios. If buyers regain control at $2,800, a move up toward $3,000 $ could be possible. But if this support gives way, ETH could slide toward $2,000.
My view: bearish caution below $2,800, with a possible bullish rebound if resistance is broken.
What do you think? Which comes first, $2,000 $ or $3,000 $ ?