- ETH continued its climb higher over the weekend but was stopped just shy of $100
- After retesting the lows near $84, we saw price bounce sharply above the S/R flip zone
- This support OB held nicely all weekend but we are starting to see some weakness enter the market
- We have currently broken below support and are now trending lower towards the demand zone near $86
- This demand area needs to hold or else the lows will be swept on a stop run
- ETH needs to regain the OB we just broke below to get back into the range and try to test the supply zone above
Thanks guys!