#新币挖矿&盘前交易USUAL
ETH market analysis: Is it going to rebound?
ETH is now trading at about $3202, up 1.03% in the short term, which is a small increase. Previously, it encountered resistance at $3240 and the price fell back. Now it is looking at the support level of $3185. This situation has brought many opportunities to traders!
Key points must be kept in mind:
Resistance: $3240 - Sellers have recently taken action here, blocking ETH's rise.
Support: $3185 - This position is critical. If buyers can gain a foothold here, ETH may rebound.
Entry strategy:
If you are bullish: If ETH can hold the support of $3185, you can consider buying, with the target of $3240 or even higher. Remember to set a stop loss order below the support level to control risks.
Bearish: If the support of $3185 is broken, it may fall further, and the target may be $3160 or even lower.
With such a large trading volume, ETH is at a crossroads. Will it stabilize or continue to fall? We have to keep our eyes open!
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