Reverse point for ETH
Support & Rebound Potential:
After the strong bearish momentum, ETH has reacted sharply from the support zone, indicating potential buyer interest. A bullish recovery is underway as ETH approaches the previous consolidation range.
Projected Price Action:
The blue projected path suggests a potential bullish breakout following a correction:
Initial Rebound: Price may rise towards the $2,900–$3,000 resistance zone.
Possible Pullback: A minor retracement could occur as sellers test the resistance.
Bullish Continuation: If buyers regain control, ETH could surge towards the $3,800 target level, aligning with historical resistance.
CONTACT @elitetradersJAISINGHCHOUDHARY
thanks
After the strong bearish momentum, ETH has reacted sharply from the support zone, indicating potential buyer interest. A bullish recovery is underway as ETH approaches the previous consolidation range.
Projected Price Action:
The blue projected path suggests a potential bullish breakout following a correction:
Initial Rebound: Price may rise towards the $2,900–$3,000 resistance zone.
Possible Pullback: A minor retracement could occur as sellers test the resistance.
Bullish Continuation: If buyers regain control, ETH could surge towards the $3,800 target level, aligning with historical resistance.
CONTACT @elitetradersJAISINGHCHOUDHARY
thanks
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.