25d • ETH updates
ETH
FOMC paused rates.
That removes a major downside catalyst in the short trm.
ETH is reacting but still below the yellow trend line.
This is important.
Daily momentum is improving.
Sto RSI continues to rise from oversold
The FOMC pause gives permission for a bounce, not confirmation of a trend.
If ETH can reclaim and hold above the trend line, then the move has legs.
If it stalls here, this becomes another relief rally inside a range.
3k – immediate battle zone
Trend line – must reclaim for continuation
3.24k – daily structure break
2.77k – invalidation and downside continuation
If you’re in, the 5% SL still makes sense.
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