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ETH is Weak Under $150 Resistance (1H)

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Check out ETH on the 1H timeframe. Since the rebound from the 130s, the price hasn't been able to stabilize above the infamous $150 resistance. As long as ETH is trading sideways under $150, ETH looks extremely weak. I think the traders that went long from 140s will get washed/stopped out, and big buyers will buy in much lower if ETH continues to breakdown. I'm not opening a long unless we break strongly above $150, or we fall much lower.

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