#IsraelIranConflict
Since the Israeli attack on Iran, the market has experienced a strong shock and has fallen sharply. The Israeli Defense Minister also stated that the attacks will continue for a few days, which may further impact the market, but looking at the technical analyses, the market paints a different picture.
How?
Before this attack, the market was in an overbought condition, requiring a correction to calm its strength and form a swing low, which has already formed, and its strength has calmed as well.
The current market situation appears to be bullish from a technical perspective, as its strength has declined to its lowest level, the Bollinger Bands volatility is at its highest, and the price movement is also extended.
Thus, technically, the market is a good buy option.
This is my plan: I have already opened a futures position on Ethereum at 2510, which is a swing average interest rate setup.
Therefore, traders can also consider the current market price for setting a swing average interest rate of 10% of their capital.
We will plan a swing average interest rate on this setup as a market movement.
For immediate holding, the price of SOL is the lowest at 142, which can be used to buy SOL in the spot market.