$ETH unable to hold within the highlighted zone as we now push below short-term EMAs.
200EMA still acts as critical support with buffer between 1900-1800.
If we can maintain upper buffer until 200EMA aligns then there's a chance we could see recovery back to 2k.
If not, look towards long-term trendline as next line of defense (buffer remains the same).
200EMA still acts as critical support with buffer between 1900-1800.
If we can maintain upper buffer until 200EMA aligns then there's a chance we could see recovery back to 2k.
If not, look towards long-term trendline as next line of defense (buffer remains the same).