ETHUSD
Market Overview
After sweeping liquidity from the upper rejection zone, ETH experienced a controlled sell-off, reaching into the strong blue holding zone. The current structure shows early signs of absorption and a potential W-shaped reversal forming. If buyers defend this area, we could see a breakout toward the 4 535 and 4 672 reaction zones. Otherwise, failure to hold this block could drive price deeper toward the yellow demand base for the next bullish reload.
Key Scenarios
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Bullish Case ๐ โ ๐ฏ Target 1 : 4 435 | ๐ฏ Target 2 : 4 535 | ๐ฏ Target 3 : 4 672
โ Bearish Case ๐ โ ๐ฏ Target 1 : 4 250 | ๐ฏ Target 2 : 4 100 (deeper demand)
Current Levels to Watch
Resistance ๐ด : 4 435 โ 4 672
Support ๐ข : 4 280 โ 4 100
โ ๏ธ Disclaimer: This analysis is for educational purposes only. It is not financial advice.
