Ethereum Technical Analysis (ETH) on 22/10:
Yesterday, Ethereum fell back into the range channel, and attention should be paid to the rebound area at 2630. If the trend meets expectations, next, we can focus on the bottom breakout model after a pullback to the support level, with resistance levels expected at 2670 and 2690.
Stop Loss: If the hourly candlestick's entity engulfs 2610, a stop loss is recommended.
Take Profit: Target price levels are 2670, 2690, and 2710.
It is advisable to closely monitor the trend and operate flexibly in conjunction with market sentiment and trading volume.
