Ethereum spiked all the way to $220, just shy of the supply zone around $222 before coming all the way back to the middle of the range. The EMAs have come together getting very tight after fallingg hard on that last down move. A break above in either direction will give us a better idea of where we head next as we are currently stuck in the POC.
A possible add area for a long would be in the demand zone below possibly all the way down to $192.