$ETH AT A CRITICAL SUPPORT ZONE — IS $3,000 STILL POSSIBLE?
$ETH is facing strong selling pressure and has dropped toward the $2,500 area. But things are getting interesting as price approaches the key $2,400–$2,500 support zone.
If buyers defend this area and regain momentum, ETH could recover toward $2,800, with $3,000 as the next major target.
However, if $2,400 breaks down, further downside could follow and the recovery setup would weaken.
For now, I'm watching how ETH reacts at this support zone. A strong bounce could bring the bulls back into action, but losing support could lead to another leg down.
Will ETH make a comeback toward $3,000, or is another drop coming?
What's your take on $ETH? Are we seeing a real recovery or just another fake pump?
$ETH is facing strong selling pressure and has dropped toward the $2,500 area. But things are getting interesting as price approaches the key $2,400–$2,500 support zone.
If buyers defend this area and regain momentum, ETH could recover toward $2,800, with $3,000 as the next major target.
However, if $2,400 breaks down, further downside could follow and the recovery setup would weaken.
For now, I'm watching how ETH reacts at this support zone. A strong bounce could bring the bulls back into action, but losing support could lead to another leg down.
Will ETH make a comeback toward $3,000, or is another drop coming?
What's your take on $ETH? Are we seeing a real recovery or just another fake pump?