ETH/USDT Perpetual Contract
Short

Ethereum (ETH): Buyers Are Resisting the Dumps

Ethereum has had a smaller downward movement but yet we are back at the upper zones here, showing that buyers are not giving away the zone so easily.

If we see the similar pressure from buyers in the next 24 hours, then our idea of short might be invalid, and we will switch for a possible upward movement to $3,300.

But so far we stick to our gameplan so eyes on that smaller resistance for now!

Swallow Team
Note
snapshot
While on a smaller timeframe, we had a smaller downward movement of 3%; sellers failed to break that supportive zone, and we bounced back to upper zones.

We are still looking for further downward movement here as long as we hold the upper resistance zone so we wait and keep an eye on it now!

Clause de non-responsabilité