#IsraelIranConflict

Market news and concerns

Since the Israeli attack on Iran, the market has faced a strong shock and has dropped sharply. The Israeli defense minister also stated that the attacks will continue for a few days, which could further affect the market, but looking at the technical analyses, the market is painting 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 been established, and its strength has also calmed down.

The current market situation, from a technical perspective, appears to be upward, as its strength has dropped to its lowest level, and the Bollinger range volatility is at its highest levels, and the price movement is also extended.

Thus, from a technical standpoint, the market is a good buying option.

This is my plan: I have already opened a futures position on Ethereum from 2510, which is a swing interest rate average setup.

Therefore, traders may also consider the current market price for setting a swing interest rate average of 10% of their capital.

We will plan a swing interest rate average on this setup as a market move.

For immediate holding, the price of SOL is the lowest at 142, which can be used to buy SOL in the spot market.