ETH Bulls Need 2142

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ETH Bulls Need 2142Ethereum / US DollarCOINBASE:ETHUSDCryptoKneeETH At a Decision Level ETH moving to the downside and now the chart is sitting at a pretty important decision area. The main level for me is 2142. That is the level bulls need to break back above and flip into support if this downside structure is going to look more complete. There is a bull version where ETH has already completed a zigzag down, even though it did break the base channel. I can see that argument, but I do not want to force it too early. The other path is that 2142 acts as resistance again. If that happens, this can still be a wave 4 area before ETH pushes one more leg lower for a potential wave 5 completion. Key levels: • 2142 = main decision level • 2142 = possible resistance/support flip • 1927 = next bounce level I am watching • 1731 = broader downside support zone if ETH keeps slipping The pitchfork based off these pivots has also been useful here. It has been encompassing the structure and price has been finding reactions around the benchmark pivots, so I am treating that as a real geometry layer in the read. EWO is showing divergence, so the downside momentum may be slowing. That does make me interested in a potential turn, but divergence alone is not enough. ETH still feels like a follower here, not the leader. If ETH can reclaim 2142 and the bigger market cooperates, then I would start watching the altcoins that usually follow ETH for possible continuation setups. Until then, 2142 is the line that matters most. Trade safe, trade clarity.