ETH Weekly Update
ETH has formed a support trendline in the $1500–$1600 range and previously rebounded from it with a 90% gain. After a retest, it’s once again showing signs of a potential rebound from the $2100 level.
If this rebound holds, it could bring relief to price momentum, and we may see $ETH retesting the $3500 zone. The RSI still has plenty of room to expand, suggesting further bullish potential.
Strategy:
~ Entry: $2100 to Current Market Price (CMP)
~ Accumulation Range: $1500–$1600
~ Trade Type: Spot
~ Holding Period: Q4 2025
~ Target: $3500
Note: Always do your own research and analysis before making any decisions. This is not financial advice.
Regards,
Dexter
