$ETH broke below 3390 and is rising again, consider going long. Set stop loss at 3357. The upper target levels can be seen at 3450, 3530, and 3595.

For those bearish on the coin, consider going short if it breaks below and rebounds without exceeding 3390. Set stop loss at 3427/3400. The lower target levels can be seen at 3315, 3295, and 3055.

The current market for Ethereum is making a one-hour rebound, seemingly approaching a critical point, so both bullish and bearish thoughts are present. Personally, I still lean towards going long. I estimate it will touch the first and second target levels for long positions before continuing to decline. #ETH