ETH LONG
The chart shows an accumulation phase near the support level around $3,202.76.
The price action has been ranging, indicating a consolidation period as buyers and sellers are balancing out after taking sellside liquidity.
The area of accumulation is marked in orange, suggesting that this is a critical level where demand could overpower supply, potentially setting up for a breakout.
Key Levels:
Support Level: $3,202.76 (Accumulative Zone)
Target: 6666$
Market Sentiment: Frustration
Disclaimer: Always do your own research and adjust positions based on your risk tolerance.
The price action has been ranging, indicating a consolidation period as buyers and sellers are balancing out after taking sellside liquidity.
The area of accumulation is marked in orange, suggesting that this is a critical level where demand could overpower supply, potentially setting up for a breakout.
Key Levels:
Support Level: $3,202.76 (Accumulative Zone)
Target: 6666$
Market Sentiment: Frustration
Disclaimer: Always do your own research and adjust positions based on your risk tolerance.
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💶 | Free Discord for exclusive analysis and discussions: discord.gg/gHKNVMyEvd
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