ETH Going towards 👉 1.3K Again📉 Detailed Technical Analysis 📉

We are required to confirm whether its a breakout or a reversal which are likely to form on this support. A breakout on this support will drag the prices close to the key level highlighted. On the monthly timeframe the price has almost done the correction by 61% on the fib retracement yet that we are looking the key level to be appeared as the support. Though we are required to confirm the breakout on the support first.