ETHUSDT | The takeaway was expected, what next?

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Breakout of the local countertrend line.

In yesterday's ETH analysis, I said that if we break through the local countertrend, I expect to see a hike to $1235 (we went a little higher).

On the technical side, after the breakdown of the trend line, the asset is trying to gain a foothold above the local resistance of $1235-1245 and form support, but the pressure is still present and we are seeing classic takeaways, liquidity withdrawal.

While sticking to the plan in shorts:

▫️Entrance 1254/1265/1273.
▫️Stop - $1352.
▫️Taiki will be updated.

Above from the entry point, I placed limit orders, we may see volatility from the data. The first PMI data came out positive, but the market didn't feel it...