On the hourly level, both MA144 and MA169 moving averages are continuously declining, creating pressure on the price. Although the MACD indicator shows red bars, the gap between DIF and DEA is very small, indicating insufficient momentum.
Personal suggestion, for reference only (strictly set defense) ETH 4320, near 4350, target 4250, 4180
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9.8 Monday afternoon ETH analysis
On the hourly level, both MA144 and MA169 moving averages are continuously declining, creating pressure on the price. Although the MACD indicator shows red bars, the gap between DIF and DEA is very small, indicating insufficient momentum.
Personal suggestion, for reference only (strictly set defense)
ETH 4320, near 4350, target 4250, 4180