🚀 Ethereum on the brink of movement: Bounce from support or drop to $2,900? 🚀
⏱️ Analysis and projection for the next 24 hours below👇
🔮 Possible scenarios in the next 24 hours
🟢 1. Bullish bounce from support
✨️(45% probability)✨️
📍 Range: $3,020 – $3,060
○ ETH respects support at $2,950
○ Breaks resistance at $3,020 with volume
○ Ideal entry for purchases on pullback or breakout
🔴 2. Technical pullback due to loss of support ✨️(20% probability)✨️
📍 Range: $2,910 – $2,950
○ Loss of support $2,950 with increasing volume
○ Drop to $2,910
○ Opportunity for quick sale or controlled short
🟡 3. Lateral movement and consolidation
✨️(35% probability)✨️
📍 Range: $2,950 – $3,020
○ Movement in range without clear direction
○ Compression before possible breakout
○ Good time for scalping or waiting for confirmation
📊 Variables supporting the analysis
🔹 Strong support at $2,950, tested multiple times, with visible buying at that level.
🔹 Clear resistance at $3,020, a level that has halted previous advances.
🔹 RSI (1h and 4h) between 42–48, showing room for a bounce without overbought conditions.
🔹 Decreasing volume, typical in phases of compression prior to a breakout.
🔹 Neutral-positive market sentiment, with BTC stable above $58,000.
🔹 Narrative of the ETH spot ETF, active and generating institutional accumulation.
🎯 Recommended strategy (not financial advice)
Entry: $2,960 – $2,975 (confirm support in 1 hour)
Take Profit: $3,030 / $3,060
Stop Loss: $2,935
Duration: 12 to 24 hours