- Ethereum continued its uptrend after bouncing off support near $208
- Got a push above the EMA and spiked into the resistance zone where it was met with strong pushback
- We could very well see a pullback down to the resistance now turned support highlighted by the green box
- Bulls must hold this zone for continued upward momentum or we could be in trouble as sub-$200 could yet again be on the cards
- Possible long entry if level holds would be around $210-$205 zone with stops right below the demand block