I’m liking what I see here. We have a double bottom formation at the 0.0383 level, showing strong support. The price is rejecting this level again, indicating a potential reversal if the support holds.
The descending trendline is still intact, but with this solid base and a bounce from the critical zone, we could see ETH attempt to break through resistance soon. Keep an eye on the 0.04 level for a breakout confirmation.
Prepare for volatility—if we break above the trendline, this could trigger some upward momentum for the Altcoin Market. Let’s see how this plays out! 🔥
