$ETH Bulls! $3,000 or $4,000 Next?
ETH is testing a major weekly support and resistance zone around $2,400–$2,500, with a long-term rising trendline adding strength to the bullish setup.
A strong weekly close above $2,500 could open the door towards $3,000, followed by $3,500 and even $4,000.
As long as ETH holds the rising trendline, I'm still watching for a bigger bullish recovery. Losing $2,300 would weaken this setup.
Bulls have a real chance here ... Just need that breakout!
$ETH
ETH is testing a major weekly support and resistance zone around $2,400–$2,500, with a long-term rising trendline adding strength to the bullish setup.
A strong weekly close above $2,500 could open the door towards $3,000, followed by $3,500 and even $4,000.
As long as ETH holds the rising trendline, I'm still watching for a bigger bullish recovery. Losing $2,300 would weaken this setup.
Bulls have a real chance here ... Just need that breakout!
$ETH