Ethereum daily line pullback confirmation, 3080 becomes a short-term lifeline | Two-level deduction👎👎👎
Ethereum price is currently operating above the key support area of 3085-3072, which can be considered an important reference for recent bullish defense. If the daily line stabilizes in this area and rebounds, it is expected to test the recent resistance near 3140, which can be seen as the boundary for short-term bull-bear strength. The overall daily line structure still maintains a certain range of fluctuations; whether it can effectively hold this support area is key to determining whether the daily line will continue to consolidate or weaken and decline.
From the four-hour level, in terms of short-term trends, after the price pulls back to the support zone of 3085-3072, a stabilization signal appears, meeting the conditions for a technical rebound. If the rebound momentum continues, the primary target can be seen near 3140, where it is expected to form the first short-term resistance. Subsequently, it is necessary to observe the price performance in this resistance area: if there is significant pressure, it may pull back to the support zone again; if it breaks through with volume, the short-term rebound space is expected to open further.
Intraday operation suggestions:
Short position near 2990-3030, target 3150-3100
Short position near 3190-3230, target 3150-3100
Today's focus: $ETH
