ETH Bull and Bear Analysis and Key Levels



Overall Trend:

The daily chart is in a rebound correction phase, with resistance above (EMA30) and support below. In the short term (4-hour/1-hour), it encountered resistance near 1,840 and pulled back, currently oscillating around 1,795.

Key Levels:

Long Positions (Buying)

Entry Level: 1,785 - 1,795 (Pullback to the 4-hour moving average cluster)

Stop Loss: Below 1,770

Target: 1,830 / 1,850

Short Positions (Selling)

Entry Level: 1,835 - 1,845 (Previous high and daily resistance zone)

Stop Loss: Above 1,860

Target: 1,800 / 1,780

Strategy Recommendations:

In the current oscillating market, it is advised to buy low and sell high. Avoid chasing gains or cutting losses around the mid-range price (near 1,800). Be patient and wait for the price to reach the support/resistance levels at the upper and lower boundaries before taking action.
ETH1.51%
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