$ETH Is Approaching a Key Decision Zone........


After a strong sell-off, #ETH is once again testing a major demand area around $1,520-$1,540, where buyers have previously stepped in. Price is still respecting this support, but bulls need to defend it to avoid another wave of selling.
If this demand zone holds, I expect a relief rally toward the $1,650 resistance, with a successful breakout opening the door to the $1,780 supply zone. However, losing the current support would invalidate the bullish setup and could lead to a deeper correction.
For now, this is a wait-for-confirmation area. The next reaction from this demand zone will likely determine ETH's next major move. Patience and proper risk management remain the key.
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ETH-0.50%
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