Ether broke below the upper band of the 3480-3680 range on the hourly level, but a false breakout formed on the four-hour level, still testing the 3580 support level.
If Ether tests the support at 3580 effectively and continues to run above 3580, it will attempt to impact the resistance level at 3820, and a breakthrough will continue the upward trend. If the support at 3580 is broken, it will return to the 3480-3680 range, looking at the support at 3480; if broken, it will continue to decline. #山寨季来了? #稳定币监管风暴 #Gate 6月透明度报告
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ether broke below the upper band of the 3480-3680 range on the hourly level, but a false breakout formed on the four-hour level, still testing the 3580 support level.
If Ether tests the support at 3580 effectively and continues to run above 3580, it will attempt to impact the resistance level at 3820, and a breakthrough will continue the upward trend. If the support at 3580 is broken, it will return to the 3480-3680 range, looking at the support at 3480; if broken, it will continue to decline.
#山寨季来了? #稳定币监管风暴 #Gate 6月透明度报告