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$ETH ETH is moving sideways after a strong drop and bounce. This zone usually decides whether price builds a base or continues lower. Key levels will guide the next move.
🟢 Bullish Scenario (Upload with the Bullish chart)
If price holds above support, recovery can continue slowly.
Key Levels
Strong Support: 2,865
Base Support: 2,920
Pivot Zone: 2,980
Resistance 1: 3,080
Resistance 2: 3,200
Timeframe view
Short-term: Higher lows forming
1H–4H: Holding above pivot keeps structure positive
Momentum method: Buyers stay active above support
Upside only works while support holds.
🔴 Bearish Scenario (Upload with the Bearish chart)
If price fails to hold support, downside pressure may return.
Key Levels
Local Resistance: 3,080
Current Zone: 2,980
Key Support: 2,920
Major Support: 2,865
Breakdown Area: 2,800
Timeframe view
Short-term: Weak follow-through near resistance
1H–4H: Loss of support shifts control to sellers
Risk method: Momentum fades below key levels
Below support, patience is better than prediction.
🧠 Final Note
This is personal market observation, not financial advice.