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$ETH
- I am more bearish for now as long as the price fails to break through and close solidly above 3145-3150. Focus on short opportunities in this resistance zone as long as there are strong rejection signals.
- If a downward manipulation occurs below 3043 but the price immediately rebounds and closes above 3043, it could be a reversal signal and a long opportunity to 3145.
- My bias shifts to bullish if the price successfully breaks and sustains above 3150 with strong volume, then the upward potential to 3273 is wide open.
- For confirmation, wait for a candlestick reversal pattern in the key area, which can be a pin bar, engulfing, or breakout-fakeout formation on a smaller timeframe.
📝 This is not investment advice, but an educational report from me, Finora. Please use this analysis as learning material before making trading decisions. 🚦#CryptoMarketWatch