ETH has tested it's final support- breaking it would probably push traders to sell down to high 200s.
The horizontal line above the candle has the same length as the previous bear market of ETHUSD back in 2016. Most conditions are similar regarding TA. Although it is very tempting to take a position, even if it breaks, we are still at the mercy of market makers. I would advice a lot of caution in this scenario.
ETHUSD has all the upside to break bullish, but we'll see what the "retail-squeezers" want.