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- Pin
ETH tested resistance again but failed to break through. The 4-hour Bollinger upper band and EMA200 are effectively capping the price. If there’s a rebound in the early morning, continue to watch for a breakout at the top. For early morning, consider setting a pending order to go long on a pullback, enter with a light position, and set proper stop-loss. If the support is broken, it will likely continue to test the 2830 level.
12.9 ETH Early Morning Pending Order
Long at 2980, stop-loss at 2945, target 3080
Personal thoughts for reference only #ETH