Ethereum is showing a potential bullish setup. 👀
$ETH
is attempting to form a double bottom around support, a pattern that can signal a possible trend reversal when buyers step in and confirm the move.
The key level to watch is $2,722, which is the upside target outlined in this setup.
If support holds and momentum builds, $ETH could have room to recover. But if the bottom fails, the bullish structure could weaken.
Patience matters. Let price confirm the setup before making a move.
$ETH
is attempting to form a double bottom around support, a pattern that can signal a possible trend reversal when buyers step in and confirm the move.
The key level to watch is $2,722, which is the upside target outlined in this setup.
If support holds and momentum builds, $ETH could have room to recover. But if the bottom fails, the bullish structure could weaken.
Patience matters. Let price confirm the setup before making a move.