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$ETH 12H
Short position at the bottom of the diagonal + horizontal support/resistance retest.
Clear horizontal. Invalid if broken.
Buy orders: $2100 – $2150
as long as we are below this area → I expect further decline to new lows.
Breakout of the range, the outlook will reverse. If invalid, trigger a long position, target $2750 – $2800.
In any case, high-risk, high-reward setup near key support/resistance. Stay tuned.
#ETH ETHUSDT