Hey Traders!
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver!
ETH has officially broken below the ascending channel support and is now testing the final demand zone (highlighted in green). This zone also aligns with the 200 EMA on the 12H timeframe — historically a strong dynamic support.
📉 If ETH fails to hold this green box, it could trigger a deeper correction, potentially dragging the price back towards the $2,200–$2,100 range.
✅ Bullish Case: A quick reclaim of the $2,460–$2,500 area followed by strong volume could invalidate this breakdown and bring back momentum toward $2,800.
🚨 Bearish Confirmation: A clean close below $2,400 on the 12H/Daily with rejection wicks would open the floodgates for lower targets.
💡 This is a make-or-break moment. Bulls need to defend this zone with strength — or risk handing over full control to the bears.
📍 Levels to Watch:
Support: $2,360 / $2,280 / $2,120
Resistance: $2,500 / $2,660 / $2,800
📊 Stay cautious, stay prepared. Follow for real-time crypto breakdowns & setups.
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver!
ETH has officially broken below the ascending channel support and is now testing the final demand zone (highlighted in green). This zone also aligns with the 200 EMA on the 12H timeframe — historically a strong dynamic support.
📉 If ETH fails to hold this green box, it could trigger a deeper correction, potentially dragging the price back towards the $2,200–$2,100 range.
✅ Bullish Case: A quick reclaim of the $2,460–$2,500 area followed by strong volume could invalidate this breakdown and bring back momentum toward $2,800.
🚨 Bearish Confirmation: A clean close below $2,400 on the 12H/Daily with rejection wicks would open the floodgates for lower targets.
💡 This is a make-or-break moment. Bulls need to defend this zone with strength — or risk handing over full control to the bears.
📍 Levels to Watch:
Support: $2,360 / $2,280 / $2,120
Resistance: $2,500 / $2,660 / $2,800
📊 Stay cautious, stay prepared. Follow for real-time crypto breakdowns & setups.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.