The previous upward trend encountered resistance near 2462 and pulled back; currently, the price has broken below the 5-day moving average (EMA5≈2350), and short-term upward momentum has significantly weakened.



Support: EMA10≈2315, previous platform at 2280-2300 range (strong support at EMA30≈2218)
Resistance: 5-day moving average 2350, previous high 2400-2460 range
Short-term outlook (15-minute level, suitable for intraday)

Long entry logic: Take advantage of oversold rebound opportunities, enter lightly at low positions after stabilization
Short-term long entry: 2338-2342 range

◦ Stop loss: below 2330 (abandon if it breaks the intraday low)

◦ Target: 2355-2360 (first resistance level), break above to watch 2380

Short position entry (mainly short on rebounds, do not chase shorts)

1. Short-term short: encountering resistance in 2400-2420 range (re-breaking below moving averages)

◦ Stop loss: above 2450 (abandon if trendline is broken)

◦ Target: 2338 (intraday low), break below to watch 2315
ETH-3.11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin