Hello friends,
#ETH is currently developing a potential bullish AB=CD harmonic structure, with the recent pullback shaping what could become the C leg of the pattern.
Price is now approaching an important confluence zone between $2,003 and $1,984, where the 50%–61.8% Fibonacci retracement aligns with horizontal support. This area will be key for short-term direction.
If
$ETH manages to hold this zone and buyers step in, the structure could complete and open room toward the $2,099 resistance level, with a possible extension toward $2,150 if momentum builds.
On the other hand, a sustained move