8.24 Midday ETH Strategy Analysis
After a surge and pullback, the second contract rebounded and stabilized near 4788 after reaching 4816.
On the hourly level, the price is running between the middle and upper bands, with 4780 as effective support, and the MACD red bars continue, indicating that the bulls still have room to push.
Long positions between 4770 - 4790, with targets of 4820 - 4840.
The bullish trend of the second contract continues, follow the trend for long positions, and lock in rebound profits!
