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12.14$ETH Strategy
Market Explanation
1. Short-Term (15 minutes)
After the price bottomed at 3,077.77, it quickly rebounded and is now above the MA5 and MA10 moving averages. The MACD value is positive and trending upward, indicating that short-term bullish momentum is dominant and the rebound momentum remains intact.
3,118.62 and 3,133.80 are key short-term resistance levels.
Trading Strategy
⚠️⚠️⚠️Strategy⚠️⚠️⚠️
Long: If the price pulls back to the 3100-3110 range, consider a light position long, with a stop-loss set below 3080, targeting 3130-3135.
Short: If the price rebounds to the 3130-3135 range but volume is insufficient, consider a light position short, with a stop-loss set above 3150, targeting 3100-3090.
Strictly adhere to stop-loss! Otherwise, you won't see tomorrow's sun.