๐Ÿงฑ Building Block - ETH Weekly Analysis ๐Ÿงฑ

Ethereum has been trading within a well-defined structure, respecting key horizontal zones โ€” each acting as a crucial building block in ETHโ€™s macro journey.

๐Ÿ”น Zone 1 ($1,700 - $2,100)

A strong demand and accumulation zone. ETH bounced from here multiple times, proving itself as the foundation of the current bullish attempt.

๐Ÿ”น Zone 2 ($2,400 - $2,600)

We're currently hovering around this key mid-range resistance. A successful break above it would pave the way for the next major leg up.

๐Ÿ”น Zone 3 ($2,900 - $3,400)

A major historical resistance turned supply area. ETH needs strong momentum and volume to break through this ceiling.

๐Ÿ”น Zone 4 ($3,800 - $4,200)

The final building block before retesting ATH territory. A retest here could signal full bullish control in the coming months.

๐Ÿ“ As long as Zone 1 holds, ETH remains structurally bullish. Watch for breaks and rejections at each building block to gauge the next move.

Which block will ETH break next? ๐Ÿ”ฎ

๐Ÿ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!

~Rich