$ETH
The price is currently testing a strong support area between 3,300 – 3,800, which is the same area from which the previous rise began in August to break the historical peak.
The recent candles show clear defensive attempts from buyers, which suggests a possible rebound from this range towards the following targets:
🎯 4,260 → 4,750 → 5,380
Breaking the support with a daily close below 3,300 temporarily invalidates the bullish scenario.
🔹 The current area is a high-importance observation opportunity, as it may lead to either a strong rebound or a continuation of the correction.