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Everyone thinks $ETH is dead until it does this.
We finally caught a nice bounce off that 2,000 support zone and now it's sitting at 2,226. It’s a bit of a relief rally but the price action is looking much healthier than last week.
That red candle at the top is a bit annoying though. It shows there’s still some heavy selling near the 2,280 resistance. If we can close a daily candle above that level, the path to 2,400 looks pretty clear.
Volume is decent but we need more buyers to step in here to keep the momentum alive. If it fails to hold this 2,200 area, we might just crab sideways for a bit longer.
Are you guys longing for this move or waiting for a bigger dip?
#GateSquareAprilPostingChallenge