$ETH MA7, MA25, MA99 maintain upward divergence. MA99 serves as the medium-term trend moving average; it has risen to around 2451, forming a key buy-side support. The primary uptrend that started from 1905 has not been broken. Currently, it is in a high-level consolidation after making a new high, not a trend reversal. Buying on a pullback to the moving average is based on a trend-following logic.
Entry zone: 2466-2482 (enter long on a pullback to the MA99 medium-term support band)
Hard stop loss: 2420
First take profit: 2505
Ultimate take profit: 2535 (near prior high resistance)
Entry zone: 2466-2482 (enter long on a pullback to the MA99 medium-term support band)
Hard stop loss: 2420
First take profit: 2505
Ultimate take profit: 2535 (near prior high resistance)
