ETH: Correction Forms Strong Entry Point

ETH failed to break higher, yet the pullback hands traders a high-conviction entry according to Michaël van de Poppe.

Price sits at $2450.13 inside the Bollinger band with lower support at $2444.29. The 4h structure remains bearish as price trades below both EMA50 at $2642.82 and EMA200 at $2600.81, while MACD prints a death cross at -55.15. RSI at 20.1 marks extreme oversold territory, raising the odds of a relief bounce toward the lower band edge before any sustained recovery. Ethereum price correction patterns over the past year show similar setups often precede sharp rebounds once momentum exhausts at these levels, making current ETH technical resistance levels worth watching for continuation trades.