$ETH 5.22 Intraday Trading Strategy

ETH has attempted to break above 2603 five times without success. Here, influenced by the divergence of the 4-hour moving average, a further upward move may directly break through and form a larger upward wave.

Trading Advice: In the morning session, a short position can be taken at 2603, with a stop loss at 2614 and a target at 2546.

If trading signals appear in the 2546-2498 range, go long with targets at 2631 and 2707, and a defensive stop at 2442.