ETH is currently trading at $2,445 right above the Weekly EMA 200. This is one of the most important levels on HTF.
My Weekly Plan as per chart:
• Support: Green Box ~ $2,000 is the final higher-low support. If price sweeps there, it will be a perfect weekly demand retest. • Resistance / Flip Zone: Grey Box ~ $2,500. This is the immediate breaker to flip into support. • Main Target: Pink Supply Zone ~ $3,300 - $3,600. This is the 2026 high. • Breakout: Once we break and close above pink zone on weekly, path is open for $4,500+ and new ATH.
As long as weekly candle is closing above EMA 200, bulls are still in control. A wick below green zone is still acceptable, but a weekly close below $1,500 will invalidate this idea.