💥Big things are coming!!!
Brothers, #以太 has entered the market
From the current market structure, this segment belongs to a stabilizing oscillation zone after a decline. The short-term moving averages have started to flatten, and the bearish momentum is clearly weakening. The previous low of 2978 has been successfully defended, with bulls continuously accumulating in this range, and the dense lower shadows of the candlesticks indicate that selling pressure below is rapidly diminishing.
In this situation, it is acceptable to position long directly at the current price. If we hold above the key support at 2978, bullish sentiment has the opportunity to push prices upward once again.
Stop loss should be placed below the previous low, with clear and manageable risk.
Upward targets
First target: 3100 (short-term resistance, reduce positions appropriately upon reaching)
Second target: 3150 (if volume breaks through 3100, it is expected to attack this level)
Overall, this is the kind of trend that gets better the more it grinds, the longer the oscillation, the more fully the bulls can accumulate power, so patiently wait for the bulls to exert their strength.
