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ethereum:native
A retest of the support zone looks inevitable sooner or later. The real question is: Will we get a meaningful reversal from here?
Personally, I don't think so.
The larger wave structure still suggests further downside. ETH may need to complete its Wave C downside and the broader B-wave correction before a sustainable reversal can take shape.
Don't anticipate a reversal just because price reaches support. Let the wave structure confirm the move.
Read the structure, not the hope.
Chart Seekers — Let the Chart Speak.