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45-minute custom cycle, ETH once again tests the EMA55 moving average, with over $230 million in pending orders stacked near the current price.
This kind of "moving average support + liquidity dense stacking" structure often creates a short-term price attraction zone.
Last night, the similar structure highlighted by PRO News was validated: ETH's main force set up $306 million in pending orders facing off + EMA55 support, and then the price indeed moved closer to a more concentrated order zone ( sell wall ).
Additionally, Coinbase ETH spot rarely shows a large order exceeding $19 million ( with more similar levels concentrated in BTC ), such abnormal capital behavior usually has higher attention value.
Does this structure repeat the previous logic? It needs to be judged based on the true direction of the pending order wall.