$ETH - Key Support at $2200 ✅🎯
Current Setup: 🩸
The $2200 zone is acting as solid support for Ethereum.
However, honestly, it looks like #BTC hasn’t found its true bottom yet, so I’m expecting a further bearish breakout for #ETH as well. 📉
Ichimoku Perspective:
Ichimoku Cloud shows multiple bearish signs (Lagging Span, steep daily Kijun slope).
Signs of bearish breakout & continuation are developing, caution advised.
💣Key Levels:
Main support: $2200 (currently holding)
Next supports to watch: $2150 • $2060 • $1980
🟩Bullish Scenario:
Bulls are still in control above the $2180-$2200 region. If there’s a strong daily close above this area, a rebound could follow.
🟥Bearish Breakdown: [More Likely to happen]
A daily candle close below $2200 will likely trigger a test of lower supports at $2150, $2060, and possibly $1980.
Stay tuned, $BTC update incoming soon! ✍🏻
