The four-hour level tested 2997 and faced resistance, constrained by the upper band at 3019, and significantly below the previous high of 3446. The rebound momentum is weak, entering a seriously overbought zone, with a high probability of a short-term reversal. Although the MACD shows a red histogram, the momentum correction is only a short-term phenomenon.
Personal suggestion, for reference only (strictly set stop-loss): Mistress around 3000, buy on dip at 3060, target 2880, 2750$ETH
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12.19 Friday Intraday Mistress Analysis
The four-hour level tested 2997 and faced resistance, constrained by the upper band at 3019, and significantly below the previous high of 3446. The rebound momentum is weak, entering a seriously overbought zone, with a high probability of a short-term reversal. Although the MACD shows a red histogram, the momentum correction is only a short-term phenomenon.
Personal suggestion, for reference only (strictly set stop-loss):
Mistress around 3000, buy on dip at 3060, target 2880, 2750$ETH