Here’s a refined version of your analysis for the ETHW/USDT 1D chart:
#ETHWUSDT 1D Chart – Technical Analysis
ETHW, a fork of #Ethereum, is showing bullish momentum on the daily timeframe. However, before any significant upward movement, a healthy pullback is likely.
Key levels to watch:
Support zone: Look for potential reactions near recent swing lows and moving averages (e.g., 50 EMA).
Resistance levels: If the price holds above support, a retest of higher resistance zones is possible—watch previous highs and Fibonacci levels for rejection or breakout signals.
Volume confirmation: Increasing volume on up-moves can validate strength behind the trend.
This setup remains promising, but traders should remain cautious and patient for clear signals before entering positions.
#Crypto #ETH #BTC #TechnicalAnalysis
Let me know if you’d like a visual chart with marked levels or if you want this formatted for Twitter or Telegram.