- Ethereum hasn't been able so far to break above its breakdown level and has currently rejected at the supply zone
- Tagged the level right before we broke the lows and is currently stuck in the OB
- We could still very well test the wick high in the next supply zone near $127 but it would need some more strength from the bulls
- We did see some volume come in on that flag breakout but we are still in a bear market so be wary of leaving any long positions unattended/without stops
Thanks guys!