$ETH Price Update:
ETH dropped as low as $2433 and rebounded exactly from the support trendline shown in the chart. For the rebound to continue, ETH needs to hold this level.
It’s a tricky situation, but I’m planning to go long within this range with a tight stop-loss. I’m not expecting much, but let’s see how it plays out.
In the worst-case scenario, ETH must hold the $2300 support level.
Note: Always do your own research and analysis before making any decisions.
Trade safely.
