$ETH

Ethereum has done the correctional movement that we have been looking for where price showed a good rejection from upper zones.

We are still waiting for our lower target zone to be reached for some leveraged long position but in the meantime, we would say it is always safe to buy some for spot 😉

📈LONG: $ETH (1W)
#ETHUSDT | #ETH | #Ethereum


Current Price $3309.06
Market Cap $398.54B
Change 1h +0.29% | 24h -1.40%

Weekly Indicators:
•  RSI: 53 - Neutral 🟠
•  MACD: 178 - Bullish 🟢
•  EMA: 3065 - Trading Above 🟢

Analysis: 
Ethereum's price recently bounced off strong resistance, finalizing a necessary correction phase. Leveraged long positions are waiting for a dip to maximize gains, but spot buying remains safe and promising for the long haul. Keep an eye on the execution!

Price Targets: 
Look for potential buying opportunities around $2,800. If momentum shifts, next resistance levels could be $3,600 and $4,000. Happy trading!