Ethereum hit the resistance around $1250 - $1300, and at least for now, this level was rejected. Volumes are higher, and the buyer's appetite seems to be still strong compared to Bitcoin.
But we have a big bearish divergence on the chart according to RSI. I hope we are going a little bit lower, and we can BUY more ETH at a better price.
I closed 2/3 of my ETH position at $1 269. I am keeping a small part just for the case of another bull run.
If we break the market price of $1 300, I will BUY ETH with a pullback.
I am heading to a new entry-level to jump in for another ride to the MOON.
D1 chart candles signal another BULL RUN, but I am aware of RSI bearish divergence that I have mentioned.
Here you have Ethereum entry levels for LONG positions:
$1 166
$1 077
$996
$837