đLONG: $ETH (1D)
Analysis:
ETH just broke below its 200-day moving average, bouncing off the support at $2,100 and getting rejected at the $2,800 resistance. The MACD Histogram shows fading momentum. The launch of nine ETH Spot ETFs could stabilize prices.
Price Targets:
Look to buy at the $2,100 support level. If momentum picks up, the next targets can be $2,400 and potentially towards $2,800 again.
