$ETH
ETH Key Support Levels, Small Time Frame Analysis 📊
The current price is near 1800, and the chip distribution shows strong support in the low price area. The recent support level is approximately around 1785, only 0.65% away from the current price, indicating limited downward space, and the price is close to the support level.
Combining the MACD death cross and KDJ death cross signals, although there is short-term retracement pressure, the sparse chip area suggests that the price is likely to break through. If it can stabilize above 1800, the upper space will open up, providing ample room.
The short-term target is initially around 1780; if it breaks the 4-hour channel, look for 1720-1680.
ETH is also a day trade; tonight I might choose to close the position depending on the situation. Be flexible in trading, and remember to set a stop loss when opening a position.
Remember to follow Nini and click on the homepage for more information～
