$ETH is approaching a decision zone: Breakout or Pullback? 📊
Ethereum is currently moving within a narrow price range (Consolidation Range) after testing a key Resistance level.
Points to watch:
Resistance Zone: If there hasn’t been a 4H or Daily candle close above the Supply Zone, don’t rush to chase the price (FOMO).
Lower Support Zone: Waiting for an entry opportunity in the Demand Zone or for a breakout and retest offers a better Risk-to-Reward ratio.
Risk Factors: Avoid using excessive Leverage, as liquidity sweeps (Wicks) can happen at any time.
What are your expectations for $ETH this week? Can it break through to new highs?
@Binance Square Official @Binance Khmer #Write2Earn #Ethereum #TechnicalAnalysis #TradingTips #KhmerSharing24h
Ethereum is currently moving within a narrow price range (Consolidation Range) after testing a key Resistance level.
Points to watch:
Resistance Zone: If there hasn’t been a 4H or Daily candle close above the Supply Zone, don’t rush to chase the price (FOMO).
Lower Support Zone: Waiting for an entry opportunity in the Demand Zone or for a breakout and retest offers a better Risk-to-Reward ratio.
Risk Factors: Avoid using excessive Leverage, as liquidity sweeps (Wicks) can happen at any time.
What are your expectations for $ETH this week? Can it break through to new highs?
@Binance Square Official @Binance Khmer #Write2Earn #Ethereum #TechnicalAnalysis #TradingTips #KhmerSharing24h
