Ethereum is heading back towards our bounce zone, where we expect to see a rejection to happen.
Now this is not clear for 100% if we will go to lower zones here but our next point of interest is that zone at $3,550.
Once we reach this zone, we will play according to the market price development, which means if we buyers take over that zone, we will look for upward movement, but if sellers take back the control, we will still look for further moves to lower zones here!
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