10.20$ETH Silk Road
Market analysis: The market has continued to decline from its high of 2445.97, briefly dipping to a low of 2370.74 before quickly recovering. It is currently consolidating around 2390 as it attempts to recover. The price rebounded after retesting the lower Bollinger Band, and the MACD green histogram bars have narrowed and turned red. Bearish momentum has been exhausted, and the market has entered a short-term oversold rebound and recovery phase. Resistance is at 2410, with support at 2370.
Bullish strategy (long)
✅Long rationale: After the market plunged to a low of 2370.74, there was clear buying support, indicating oversold conditions. The MACD green histogram bars have contracted and turned red, and bearish pressure has faded, presenting an opportunity for a technical rebound and recovery.
#质押LaunchPool瓜分280万$DNA
Entry: Enter if the price stabilizes after retesting the 2370-2375 range
Angelica bamboo shoot: 2327
First target: 2410-2415
Second target: 2430-2450
Market analysis: The market has continued to decline from its high of 2445.97, briefly dipping to a low of 2370.74 before quickly recovering. It is currently consolidating around 2390 as it attempts to recover. The price rebounded after retesting the lower Bollinger Band, and the MACD green histogram bars have narrowed and turned red. Bearish momentum has been exhausted, and the market has entered a short-term oversold rebound and recovery phase. Resistance is at 2410, with support at 2370.
Bullish strategy (long)
✅Long rationale: After the market plunged to a low of 2370.74, there was clear buying support, indicating oversold conditions. The MACD green histogram bars have contracted and turned red, and bearish pressure has faded, presenting an opportunity for a technical rebound and recovery.
#质押LaunchPool瓜分280万$DNA
Entry: Enter if the price stabilizes after retesting the 2370-2375 range
Angelica bamboo shoot: 2327
First target: 2410-2415
Second target: 2430-2450
















