📈 ETH remains bullish from a medium-term perspective, continuing to trade within the rising blue channel.
The red zone, once a strong resistance, has now flipped into a key support area — adding further strength to the current structure.
🏹 The highlighted blue circle marks a prime area for potential buy setups, where horizontal support and the lower trendline of the channel intersect.
📚 My trading approach:
As #ETH nears this key zone, I’ll be watching for bullish reversal signals — such as a double bottom, trendline break, or similar confirmation setups.
Remember: Always stick to your trading plan, especially with entries, risk management, and position sizing.
Good luck!
All strategies can work — if managed properly.