We have a strong high at 2176, so if we're bullish, we need to flip this area.
2104 - 2120 is a major resistance, and honestly, a 4-hour close below 2076 would be extremely negative, potentially leading to a drop to MO and 1900.
Currently, I don't expect the price to break below 1900, despite any selling pressure. We are forming a 1-hour bullish divergence, so any upward movement can be considered for shorting.
#ETH
We have a strong high at 2176, so if we're bullish, we need to flip this area.
2104 - 2120 is a major resistance, and honestly, a 4-hour close below 2076 would be extremely negative, potentially leading to a drop to MO and 1900.
Currently, I don't expect the price to break below 1900, despite any selling pressure. We are forming a 1-hour bullish divergence, so any upward movement can be considered for shorting.