8.21 Morning Ethereum Analysis
Recently, Ethereum has experienced a rise and then a pullback, adjusting after reaching 4376.13, stabilizing around 4318.20.
On the hourly chart, the price is between the middle and lower bands, showing a short-term sideways trend, but there is support near 4300, and the MACD green bars are shortening, releasing potential bullish signals.
Long positions between 4310 - 4320, with a target of 4350 - 4370.
Catch the rebound after ETH's pullback, follow the trend with long positions, and don't fall behind on the profit-taking rhythm!
