Hello $ETH Traders;
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Ethereum's Key Support Zone: $3,192-$3,567
Ethereum's current support zone is critical for maintaining upward momentum. The price action shows a three-wave move up, but lacks a five-wave confirmation for a strong bullish trend. Key resistance points include $4,027, $4,411, and $4,284. A break below $3,749 might indicate a broader downtrend.
Key levels:
- $3,192-$3,567 (support)
- $3,749 (critical level)
- $4,027-$4,284 (resistance)