Ethereum (ETH)

🔷️ $ETH has reached one of the most important support zones on the chart. As discussed previously, Ethereum is currently testing the long-term ascending trend line that has been respected since 2022.

So far, buyers are defending this area, but losing this support could increase downside pressure and trigger a deeper correction. On the other hand, a successful rebound from this level could restore momentum and pave the way for a move toward higher resistance zones.

The purple line represents the key long-term support trend, while the yellow lines indicate the resistance levels I’m monitoring closely.

⚠️ Not financial advice.

#Bitcoin #BTC #Ethereum #ETH

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