Duoduo ETH Market Analysis (Personal opinion, open for discussion)



Upper resistance level: 3097 is strong resistance. If it breaks through and falls back to 3069, look at 3120-3150 (beware of false breakouts).
Lower support level: 3030 is strong short-term support; as long as it doesn't break, the bullish outlook remains.
Hourly chart consolidation range:
Bullish range: 3060-3120
Bearish range: 3075-3050-3030
First support: 3050
Second support: 3030
First resistance: 3097
Second resistance: 3120

Short position entry suggestion: 3070 pending short, stop loss 15 points
Take profit: 3050-3030

Long position entry suggestion: 3060-3030 pending long, stop loss 16 points
Take profit: 3075-3085-3095-3120
ETH3.64%
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