Ethereum dips into the lower orange box which is an area of previous resistance, now trying to act as support around $3,500.
Above is the $4,000 BIG BOSS LEVEL.
Let's watch if support holds here and we can either consolidate or push higher. Consolidation would be healthy, IE form a bull pennant here over a week or something.
Either way levels are simple.
Support #1 at $3,500
Support #2 at $3,000
Breakout level $4,000.
All three price points offer good long entries for a trade.
Trade ETH now on Bitunix (available to anyone anywhere with no KYC!) and get $400 deposit bonus and $9,000 trading bonus
25.23K
190
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.