ETH's intraday trend surged and then fell back, bullish volume shrank at the 1,750 watershed. Holding 1,750 keeps the market oscillating at highs; breaking below 1,740 turns the day weak and seeks support. Strong resistance at 1,795-1,800, bullish defense zone 1,720-1,700. Hourly overbought has largely been repaired, bullish momentum is weakening, not suitable for chasing longs.



Operation suggestion: place a short order near 1,770-1,780, target 1,730-1,720, trailing stop-loss.

Personal opinion, for reference only#ETH$ETH
ETH0.22%
View Original
post-image
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
  • Pinned