Ethereum: Fib 0.5 Pullback Eyes $2,089
Ethereum bottomed at $1,510 per @TATrader_Alan and now targets Fib 0.5 retracement at $2,089 as the final buy zone before the next leg higher.
SourceAnalysis
Ethereum bottomed exactly at $1,510 and is now carving its first local top, setting up a Fib 0.5 retracement to $2,089 as the last high-conviction entry before continuation.
The fractal from prior cycles remains intact, with higher lows building an ascending support structure that has repeatedly delivered reversals in 2025 and 2026.
Price currently sits at $2582.09 inside the Bollinger Bands with upper resistance at $2712.21 and lower support at $2398.58; the neutral RSI at 56.87 combined with the MACD death cross suggests a measured pullback toward the EMA50 at $2522.96 before any fresh advance materializes.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.
Premium Sponsors
.jpg)