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Ethereum: Bounce From Support, Eyes on $4,740
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Ethereum: Bounce From Support, Eyes on $4,740
Ethereum has bounced from the $4,050–$4,100 support zone.
If momentum continues, the next targets are $4,335 and $4,495, with the main resistance at $4,740.
As long as ETH holds above the support, the outlook is bullish with potential continuation upward.
We are still in an uptrend and the current downtrend may have been a moment of accumulation before ETH moves further. We may be in something more complex and growing still.
A drop below the support zone of 4050 could change the scenario.
You may find more details in the chart!
Thank you and Good Luck! -
Ethereum: Bounce From Support, Eyes on $4,740
Ethereum has bounced from the $4,050–$4,100 support zone.
If momentum continues, the next targets are $4,335 and $4,495, with the main resistance at $4,740.
As long as ETH holds above the support, the outlook is bullish with potential continuation upward.
We are still in an uptrend and the current downtrend may have been a moment of accumulation before ETH moves further. We may be in something more complex and growing still.
A drop below the support zone of 4050 could change the scenario.
You may find more details in the chart!
Thank you and Good Luck!It's reacting well so far
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ETH looks strong here
As long as 4050 holds as support, the upside path toward 4175–4740 stays in play 
A clean break below, though, could quickly shift momentum
But a breakdown below would flip the script fast 
