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$ETH ETH is moving sideways after a sharp drop and bounce. This area often decides whether price builds a base or rolls over again. Key levels will guide the next move.
🟢 Bullish Scenario (Upload with the Bullish chart)
If price holds the support zone, recovery can slowly develop.
Key Levels
Strong Support: 2,866
Base Support: 2,900
Pivot Zone: 2,950
Resistance 1: 3,070
Resistance 2: 3,200
Timeframe logic
Short-term: Higher lows forming
1H–4H: Holding above pivot keeps structure healthy
Momentum view: Buyers stay active above support
Upside needs patience and confirmation.
🔴 Bearish Scenario (Upload with the Bearish chart)
If price loses support, downside pressure may increase.
Key Levels
Local Resistance: 3,070
Current Zone: 2,950
Key Support: 2,900
Major Support: 2,866
Breakdown Area: 2,800
Timeframe logic
Short-term: Weak follow-through near resistance
1H–4H: Loss of support shifts control to sellers
Risk view: Momentum fades below key levels
Below support, caution beats prediction.
🧠 Final Note
This is personal market observation, not financial advice.#GoldandSilverHitNewHighs