@areyoubased.base.eth
$ETH 1D chart
ETH daily PA has rejected a short term horizontal level.
The level around $3300 is significant as it has previously been a relevant level for short term PA.
In early November 2025 , following a bearish move down from $4000, price temporarily made support here.. before breaking below on November 15th
Since, Ethereum PA has rejected this level as resistance twice.
The first time came on December 9th & 10th 2025. Bulls twice attempted to break above, however upper wicks on daily candles showed rejection of higher prices as bears stepped in.
Price fell as low as $2800 before finding support, at a level previously tested in late November and early December.
The second time ETH price has tested the $3300 underside was January 6th & 7th 2026 (effectively now).
This time price did not attempt a break above and bears stepped in on January 7th with a bearish engulfing candle of the prior day's bullish move.
Now ETH is likely to test a LTF support at $3000, before a potential restest of $2800
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