🔥 ETH Strong Bounce From Bottom! But Now Facing Big Wall!
Ethereum is now trading at $2,320, up +2.15%.
On 2H chart, ETH crashed from $2,380 to $2,170 and then buyers took control. Price bounced twice from the bottom.
On 1H chart, ETH pumped straight from $2,220 to $2,332.
Now ETH is stuck at $2,332 (0.786 Fib). Above, $2,340 - $2,350 is the red supply zone and $2,385 - $2,425 is the big FVG zone. This is the biggest wall for buyers.
My Simple Plan:
If ETH breaks and closes above $2,350, next target could be $2,380, then $2,425.
If it gets rejected here, first support is $2,315, then $2,297.
Strongest support is the FVG zone at $2,248 - $2,273.
Don't chase the pump, wait for a clean break or a dip to support.
What do you think? Will ETH break $2,350 or fall back to $2,297? Tell me in the comments 👇
#ETH #Ethereum #Crypto #BinanceSquare$ETH
Ethereum is now trading at $2,320, up +2.15%.
On 2H chart, ETH crashed from $2,380 to $2,170 and then buyers took control. Price bounced twice from the bottom.
On 1H chart, ETH pumped straight from $2,220 to $2,332.
Now ETH is stuck at $2,332 (0.786 Fib). Above, $2,340 - $2,350 is the red supply zone and $2,385 - $2,425 is the big FVG zone. This is the biggest wall for buyers.
My Simple Plan:
If ETH breaks and closes above $2,350, next target could be $2,380, then $2,425.
If it gets rejected here, first support is $2,315, then $2,297.
Strongest support is the FVG zone at $2,248 - $2,273.
Don't chase the pump, wait for a clean break or a dip to support.
What do you think? Will ETH break $2,350 or fall back to $2,297? Tell me in the comments 👇
#ETH #Ethereum #Crypto #BinanceSquare$ETH
