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<p>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.</p>

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 cha

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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