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Quick ETH Market Thoughts: Watching the Key Rebound Levels 📉
Ethereum is showing some interesting movement right now as the market structure shifts. Following the recent price action, here are the major areas I am keeping an eye on today:
The 1700 Level: This is the crucial zone that will determine if we see a solid subsequent rebound or if the bears keep control.
The 1686 - 1620 Range: If we break lower, this area looks like a potential rounding top structure. It all depends on how volume and execution play out over the next few hours.
What are your thoughts on ETH today? Are you looking for a long rebound or shorting the breakdown? Let me know below! 👇
#ETH #Crypto #Trading #Ethereum