ETH intraday rhythm judgment | Around 2260 looks more like a pivot point, not a terminus

1H Analysis

This 1-hour structure is quite interesting:

After a pullback, the lows are gradually rising, with no breakout action The decline is incoherent, instead being gradually bought up amid oscillations The moving averages are starting to flatten and slightly turn upward, with the price staying close to the moving averages

Conclusion: In the short term, it’s a slightly strong oscillation after correction, not a breakout, but not weak either

4H Analysis

More intuitive from the 4-hour view:

The previous correction has been completed, with lows gradually rising Currently, it has returned near the moving averages and is attempting to stabilize The structure looks more like “a re-choose direction after the pullback ends”

Conclusion: The 4H has entered a sideways range leaning bullish, with room for further upward exploration

Intraday Trend Forecast

Upward path: 2264 → 2287 → 2309 Invalidation: Break below 2230 and continue weakening

Trading Strategy: Market buy ETH Entry: 2264

Take Profit TP1: 2286.6 (+1%) TP2: 2309.3 (+2%)

Stop Loss SL: 2230.0 (-1.5%)

ETH1.3%
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Web3BrotherChen
· 11m ago
Gong🀄️Hao: Old Zhao Learning Society
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