$ETH BULLS ARE STILL IN CONTROL? đ
ETH is currently trading around $2,685 after a strong move from the $2,400 area. On the daily chart, price is now consolidating around $2.65Kâ$2.70K, showing that buyers are taking a breather after the rally.
The key level to watch is $2,700â$2,800. A clean breakout above $2,800 could open the door for another leg higher.
On the downside, $2,600 is the important support zone. If ETH loses this level, a deeper pullback toward $2,500â$2,400 could come into play.
For now, Iâm watching whether ETH can break $2.8K or gets rejected again. đđ„
Patience. Let the price confirm the move.
NFA â manage your risk.
ETH is currently trading around $2,685 after a strong move from the $2,400 area. On the daily chart, price is now consolidating around $2.65Kâ$2.70K, showing that buyers are taking a breather after the rally.
The key level to watch is $2,700â$2,800. A clean breakout above $2,800 could open the door for another leg higher.
On the downside, $2,600 is the important support zone. If ETH loses this level, a deeper pullback toward $2,500â$2,400 could come into play.
For now, Iâm watching whether ETH can break $2.8K or gets rejected again. đđ„
Patience. Let the price confirm the move.
NFA â manage your risk.
