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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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#ETH# "Continue to go long"
Release time: 7🈷️9th 01:44
Subsequent operation suggestions:
Go long: over 2600, stop loss 2590, take profit 2530
Short position: 2615 short, stop loss at 2625, take profit looks down (current momentum does not suggest going short)
1. So, will it challenge the strong resistance at 2640 upwards, or will it consolidate down to 2590?
2. If the downward consolidation significantly weakens the bullish momentum, it will be difficult to move upward again. Therefore, if the current level can be maintained above 2600, I believe there is still a chance for upward movement.
3. The bulls hold above 2600, while the bears look to 2640 or observe at 2590.