🥷🏻 ETH UPDATE - 01 JULY
- Support Area: Price trading above $3478 ✅
- Scenario 1:
- Condition: Breaks and closes above $3478 in today's daily candle
- Outcome: Bullish - Expect a good move in ETH
- Scenario 2:
- Condition: Fails to close above $3478 today
- Outcome: Bearish - Consider opening a short trade
Summary:
The outlook is bullish if ETH breaks and closes above $3478 today, otherwise, it’s bearish and a short trade should be considered.