🔥 FinCaesar's Strategy: 🩸 Long: Above $3,450, targeting $3,600 and $3,800. The MACD is gradually shifting positive, and ETH is trading above the 200-day EMA (around $3,120), suggesting a bullish inclination if momentum continues to build. 🩸 Short: Below $3,200, aiming for $3,000 and $2,800. A decisive break under this support zone could invite a deeper correction, especially if MACD flips bearish.
🔥 FinCaesar’s Commands: 🩸 Resistance: $3,450–$3,500 — Clearing this band would confirm a stronger bullish trend. 🩸 Support: $3,200 — A slip below could trigger a sell-off toward lower targets. Ethereum has bounced off its 200-day EMA and is attempting to establish a new bullish leg. The MACD histogram is slightly above zero, indicating a mild but growing bullish momentum. However, ETH faces a resistance cluster near $3,450–$3,500, which it must overcome for a more decisive move higher. Should the price fail at this key zone, sellers may push the market down to retest the $3,200 region or lower.
👑 "A patient trader sees opportunity in every consolidation." — FinCaesar
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