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8.24 ETH $ETH Analysis and Strategy
Weekend range-bound market conditions continue. Market movement is limited during the day, 🉑👀 during the U.S. session in the evening, if a sell-off occurs, exit promptly and short with the trend, but the probability should be low. Strong resistance is at 3000, while short-term support is at 2350.
Trading suggestion: Buy the lows within the range (range-bound market conditions continue, and the long-position trend remains intact)
Trading range: Around 2355–2400 (range-bound movement, low-level range)
Stop-loss defense: 2335 (historical low at 2355; if it breaks below and the bearish trend continues, the bullish outlook is invalid)
Take-profit levels
1️⃣ Take profit: Around 2460 (aim for steady profit)
2️⃣ Take profit: 2500 (can 👀 if the first take-profit level is broken)
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