Two weeks ago ETHUSD
is about to make a big change.
The price has reached a key support level that has historically triggered strong buying interest. This zone has acted as a demand area multiple times, increasing the likelihood of a bullish reaction if buyers step in once again.https://lifelinesnewz.website
The structure of the market suggests that a significant recovery could begin with a confirmed bounce from this level. The first upside target for this setup, $2,400 if bulls hold support, is a logical target.
However, a stronger rally that is fueled by renewed buying momentum and rising volume could begin with a sustained breakout above $2,400.
A retracement here could result in a larger trend shift given the prolonged bearish move that preceded this setup. This bullish bias, on the other hand, would be invalidated by a clear break below support, which would open the door for further downside.
If this rally succeeds, we might see ETHUSD
achieving new heights in the coming weeks. How do you feel about this? Include them in the remarks?
