$ETH: REBOUND TOWARD $2,440?
Ethereum has suffered a significant decline and is now consolidating near its lows. If it manages to defend this zone and signs of recovery emerge, a rebound could follow.
ETH LONG
- Entry: current zone, with confirmation
- Take Profit: $2,440
- Stop Loss: $2,340
An increase in short positions could fuel a short squeeze if the price rises, although this does not guarantee an upward move. The key will be to see whether ETH holds support.
Do you think Ethereum will recover to $2,440, or will we see another decline?
Follow my posts for more analysis and trading signals.
$ETH
Ethereum has suffered a significant decline and is now consolidating near its lows. If it manages to defend this zone and signs of recovery emerge, a rebound could follow.
ETH LONG
- Entry: current zone, with confirmation
- Take Profit: $2,440
- Stop Loss: $2,340
An increase in short positions could fuel a short squeeze if the price rises, although this does not guarantee an upward move. The key will be to see whether ETH holds support.
Do you think Ethereum will recover to $2,440, or will we see another decline?
Follow my posts for more analysis and trading signals.
$ETH