ETH: Eyeing $3,300 Breakout
🔥 FinCaesar's Strategy:
🩸 Long: Above $3,300, targeting $3,400 and $3,600. ETH remains above its 200-day EMA (around $3,120), hinting that the broader trend still favors bulls. The MACD is slowly recovering from negative territory, suggesting buyers could seize control if price action holds steady above key support.
🩸 Short: Below $3,120, aiming for $3,000 and $2,800. A decisive break under the 200-day EMA could invite increased selling pressure, especially if the MACD turns bearish again.
🔥 FinCaesar’s Commands:
🩸 Resistance: $3,300–$3,350 — Clearing this zone may confirm a bullish resurgence.
🩸 Support: $3,120 — Losing this key level could drive a deeper correction.
Ethereum has recently tested support near its 200-day EMA and appears to be stabilizing. A push above $3,300 would likely spark renewed momentum toward $3,400 and potentially $3,600. However, failure to maintain above $3,120 could shift sentiment toward the downside, paving the way for lower targets.
👑 "The strongest positions are built on a foundation of patience and precise timing." — FinCaesar
🩸 Long: Above $3,300, targeting $3,400 and $3,600. ETH remains above its 200-day EMA (around $3,120), hinting that the broader trend still favors bulls. The MACD is slowly recovering from negative territory, suggesting buyers could seize control if price action holds steady above key support.
🩸 Short: Below $3,120, aiming for $3,000 and $2,800. A decisive break under the 200-day EMA could invite increased selling pressure, especially if the MACD turns bearish again.
🔥 FinCaesar’s Commands:
🩸 Resistance: $3,300–$3,350 — Clearing this zone may confirm a bullish resurgence.
🩸 Support: $3,120 — Losing this key level could drive a deeper correction.
Ethereum has recently tested support near its 200-day EMA and appears to be stabilizing. A push above $3,300 would likely spark renewed momentum toward $3,400 and potentially $3,600. However, failure to maintain above $3,120 could shift sentiment toward the downside, paving the way for lower targets.
👑 "The strongest positions are built on a foundation of patience and precise timing." — FinCaesar
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