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On the 1-hour chart, there was an early sharp drop that found a bottom at the 1713 low, followed by a strong rebound. The price is now holding above the Bollinger middle band, with sufficient short-term bullish momentum.
Key range: support at 1750; resistance above at 1780. Currently at 1779, near the upper band—there is likely a minor pullback and repair in the short term.
Trading idea: Conservative—wait for a pullback to buy at the 1750–1755 support zone. Aggressive—near the 1780 resistance, test/try a pullback. #ETH