$ETH Cooled Off After Pump – Healthy Correction Ahead?

226
ETH pumped hard and touched $2,738 but now it’s pulling back a bit.

If you look at this 6H chart, you’ll notice price didn’t really take a healthy pause on the way up.
It just went straight up.

In my opinion, a pullback toward the $2,100–$2,150 zone would actually be a good thing. That area lines up with multiple supports, EMAs, previous breakout, and trendline, so it’s strong.

This type of dip could reset the momentum and build a base for the next rally.
Stay tuned and follow for more updates!
#Ethereum #ETHUSD #ETHUSDT

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.