From a technical perspective, the 4180 - 4220 range is a previous rebound resistance zone, and it is also close to the upper Bollinger Band, which is a point of pressure. The MACD red histogram momentum is weakening, and there are signs that the DIF and DEA are turning downward, indicating a need for a technical pullback.
ETH: The price rebounds to the range of 4180 - 4220, with a stop loss set above 4250; for take profit, first look near 4100, if it breaks, then look near 4050-3950; #ETH:
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10.15 afternoon ETH analysis
From a technical perspective, the 4180 - 4220 range is a previous rebound resistance zone, and it is also close to the upper Bollinger Band, which is a point of pressure. The MACD red histogram momentum is weakening, and there are signs that the DIF and DEA are turning downward, indicating a need for a technical pullback.
ETH: The price rebounds to the range of 4180 - 4220, with a stop loss set above 4250; for take profit, first look near 4100, if it breaks, then look near 4050-3950; #ETH: