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#eth June 8th, daily intra-day reference support and resistance trend chart!
Focus above on breaking through 1690-1705 to look for a new high near 1715-1730. If the price closes above 1715-1730, then look for 1755-1776. If the rebound fails to break above 1690-1705, then watch for a decline to 1658-1648. Keep an eye on 1655-1645 for potential long entries!
Below, focus on 1622-1604. You can consider going long around 1622-1604. If it breaks below 1622-1604, stop-loss unconditionally. Target lower at 1584-1570!
Then pull back again (even if it goes up, it's an oversold rebound, not a reversal)