ETH is bouncing, but the bigger picture hasn’t changed yet. At around $2,437, price is still well below the $2,900-$3,200 supply zone that has my attention. The level I’m watching now is whether buyers can hold this recovery or if it fades into another lower high. If momentum continues, $2,900 is the next major area to watch. But if ETH rolls over, the $1,450-$1,650 demand zone becomes important again. The MACD is turning bullish, which is encouraging. But one indicator won’t confirm a trend change on its own. For now, I’m watching the reaction, not calling a reversal. ethereum:native needs to prove it can reclaim higher ground.
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