ETH


After a morning push higher, the bulls’ momentum is gradually weakening; the price is now ranging at high levels. Near-term resistance lies in the 2380-2420 area, so right now it’s not advisable to chase the move higher. Overall, since the rebound earlier, the price has been trading in a broad range; now it is nearing the near-term resistance zone, so we first look for a pullback during the day.

Take a short in the 2365-2380 area, with targets at 2300-2250.
ETH-1.7%
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RedAdeman
· 22h ago
Just charge forward 👊
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