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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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Like + Sha - The Gate to Web3’s future opened in Tokyo during WebX Asia ✨
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#WebX2025# #Gate# - Gate Launches GUSD!
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From the daily chart perspective of ETH, the current trend is forming a small double top pattern, with the candlestick showing three consecutive falls, and it has precisely retraced to the lower MA30.
Since the MA30 has not been broken since the market rebound in June this year, it is highly likely that the short-term Ethereum will find support around 4260 during a pullback. Even if the market is more aggressive, it will at most dip to around 4200.
As long as the MA30 support level can hold, after adjustment and consolidation, ETH is expected to rebound and challenge the resistance at 4500 again.
Enter long positions in the range of 4250-4300 during intraday pullbacks, with targets at 4400, 4450, and 4500.