$ETH 11.26 midday ETH strategy analysis



Current price is 2938. The 4-hour K-line shows a long lower shadow, which is not an effective buying support, but rather a passive rebound after a short-term overselling; the rise in highs is a weak rebound during the downtrend and has not formed a trend reversal structure. The MACD histogram is shortening, and the fast and slow lines are still below the zero axis, indicating that the rebound momentum is extremely weak and lacks the power for a breakout. We are still in a weak zone.

Trading suggestion: Short around 2980-3200, target: 2900, 2850
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ETH0.57%
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GeniusTraderWGodvip
· 11-26 06:39
Just go for it💪
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