🚨 $ETH
Ranging After The Dip, Bears Losing Aggression 🚨
Hey guys, after last night's dip to 2168, we've been ranging here.
📊 Long-short ratio is almost 50-50
The funding rate is still negative which means the bears aren't as aggressive anymore
🔻 Key Levels:
Strong Support: 2160 if it breaks, just bail
Strong Resistance: 2200 take profits if we hit it
📈 Long Setup:
Pullback to 2170 – 2175 is a good spot to go in long with a light position
🛑 Stop Loss: 2158
🎯 Target: 2195 – 2200
📉 Short Setup (if no pullback):
If we shoot straight to above 2200 without a pullback — consider flipping short
⚠️ Heads Up!
If BTC breaks 77,700, ETH will definitely take a dive — don't hold on too tight
Not Financial Advice just my personal opinion, for reference only.
👇 If you have different thoughts, feel free to drop a comment