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
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