$ETH ‌ETH pulled back strongly, found support, and bounced with confidence. On the 1H chart, price respected the lower zone near the recent low and moved back above short-term averages. Right now, ETH is cooling off after the bounce, which looks healthy.

Indicator check (simple view):
• Moving Averages: Price is sitting close to MA levels, showing balance between buyers and sellers.
• RSI: Around the mid-zone, no extreme pressure. This usually means the move isn’t finished yet.
• MACD: Momentum is improving after a bearish phase, but still needs confirmation.
• Volume: Spike during the bounce, then calm — typical pause behavior.

Future Outlook (refined by timeframes):
• Short-term (1H–4H): As long as ETH holds this zone, another push upward is possible. Sideways movement before continuation wouldn’t be a surprise.
• Mid-term (1D): Structure still looks like a pullback, not a breakdown. Holding above the recent low keeps the bullish structure alive.
• Alternate scenario: Losing the support may cause a quick dip, but buyers are likely waiting below.

Final Thought:
ETH doesn’t look weak — it looks patient. The next move will likely come after this short rest.

This is personal market opinion, not financial advice.