🚨 Ethereum$ETH at $2,244... Are we waiting for the real target at the trendline? 📉
The daily chart continues to face pressure, with the current price at $2,244 as it heads toward the broken downtrend line for a retest.
📍 Analysis figures and levels:
• Current price: $2,244
• Target zone at the broken trendline (anticipated buying point): between $1,550 and $1,690 (specifically near the support levels of $1,554–$1,689).
• Longer-term targets: around $3,000, eventually reaching the $5,000 zone after the retest is complete.
The current drop is a necessary technical move before any major rally. Don’t chase the price now—wait for it to reach the trendline zone, where real opportunities emerge.
Share your thoughts in the comments 👇:
Do you think we’ll see the $1,500 zone soon, or will it bounce before then?
#Ethereum #ETH #BinanceSquare #CryptoTrading #TechnicalAnalysis
The daily chart continues to face pressure, with the current price at $2,244 as it heads toward the broken downtrend line for a retest.
📍 Analysis figures and levels:
• Current price: $2,244
• Target zone at the broken trendline (anticipated buying point): between $1,550 and $1,690 (specifically near the support levels of $1,554–$1,689).
• Longer-term targets: around $3,000, eventually reaching the $5,000 zone after the retest is complete.
The current drop is a necessary technical move before any major rally. Don’t chase the price now—wait for it to reach the trendline zone, where real opportunities emerge.
Share your thoughts in the comments 👇:
Do you think we’ll see the $1,500 zone soon, or will it bounce before then?
#Ethereum #ETH #BinanceSquare #CryptoTrading #TechnicalAnalysis
