$ETH sitting right on monthly support at $1,750–$1,805. This could be the final leg of a larger B-wave correction before the next impulse.
If support holds, watching for a run toward $4,027–$4,386 resistance. Clean break there opens $5,153 and $6,504 supply zones. Elliott Wave structure hints at C-wave expansion, but need confirmation above resistance to shift the narrative.
Setup is loading. Either we bounce hard here or lose support and revisit lower levels. $4,386 is the line — hold above and the rally starts, fail and we chop longer.
Key level: $1,750 support
Upside targets: $4,027, $4,386, $5,153, $6,504
Invalidation: sustained break below $1,750
If support holds, watching for a run toward $4,027–$4,386 resistance. Clean break there opens $5,153 and $6,504 supply zones. Elliott Wave structure hints at C-wave expansion, but need confirmation above resistance to shift the narrative.
Setup is loading. Either we bounce hard here or lose support and revisit lower levels. $4,386 is the line — hold above and the rally starts, fail and we chop longer.
Key level: $1,750 support
Upside targets: $4,027, $4,386, $5,153, $6,504
Invalidation: sustained break below $1,750