Detailed Analysis of ETH Tonight!!! $ETH
Today, I have been continuously observing the market trends. From the 15-minute chart, it shows a typical dual explosion market, with both long and short spikes. However, we can't expect to win trades based solely on short-term charts. Looking at the 1-hour chart, it shows a very stable market trend with numerous opportunities.
Now, I will provide you with a trading idea:
The upper resistance level is around 4390, and the current price is near 4270. If the pullback is not significant, we should observe while holding cash and consider entering a long position around the bottom at 4220 to test the waters. For short positions, it is recommended to enter around 4350 for a test, with a stop loss set at 4420 and taking profits around 4200.
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