$ETH is still hovering around the 200EMA, a zone that has historically acted as a strong bounce level. If you look back, every major recovery started with similar setups, where price dipped into the EMAs and buyers stepped in with momentum.

Right now, we are waiting for that same confirmation. If buyers hold the 200EMA and push higher, we are set for a move towards $5,555, keeping the same bullish plan in play. Nothing major has changed — just patience until the bounce plays out. #ETHPriceAnalysis