😳📉 $ETH Rejected Perfectly… But The Bull Structure STILL Survives! 🚀
Just like I warned earlier, $ETH tapped straight into the lost high-timeframe support zone, right inside the 0.5–0.618 Fibonacci golden pocket — the exact spot where rejection risk was high.
And yes… the rejection played out perfectly.
But here’s the key 👇
Even after slipping below the 0.618 Fib resistance, ETH token is still holding above the 1D Bull Market Support Band, a level that triggered multiple strong bounces in the past 2 months.
Because of that, the low-timeframe structure is still alive — not broken.
📊 What I’m Watching Now:
• ETH must show clear strength
• Reclaim key support
• Prove the bottom is in
Until then, I keep my hedge exposure open.
Most likely scenario?
👉 Extended consolidation before any proper upside reversal.
The setup is tightening… but the signal hasn’t fired yet.
The next move could decide Ethereum’s entire December trend 👀🔥$ETH
Follow Wendy for more updates.
