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$ETH Afternoon Report: Building strength, waiting for the next surge!
Last night after the US stock market opened, there was a clear wave of selling pressure on the market, with Ethereum testing the 2300 and 2280 support levels multiple times. During the process, buying support below was strong, and after a quick spike, it rebounded to around 2330. It then continued to rise toward the 2370 resistance zone. This morning, Ethereum repeatedly tested above the 2370 level but failed to break through, falling back to around 2320 to consolidate. The subsequent market trend is gradually becoming clearer.
Wealthy suggests: Enter long positions around the current Ethereum price of 2324, with an initial position size of 1%. If the price pulls back to 2305, add 2%. If it drops again to 2287, add another 2%. Set stop-loss at 2260, with take-profit initially at 2360. If the price breaks through, aim for 2395.
Wealthy provides daily analysis of mainstream coins and potential altcoins. Fans who want to know specific strategies in advance, just come to #GatePreIPOs首发SpaceX to find me!