The four-hour ETH chart shows short-term resistance within a volatile upward framework.
Previously, ETH dipped to around 2907, then made a V-shaped rebound to around 3150. However, the current rebound has not been sustained, and the hourly chart shows a pattern of gradually lower highs. ETH: Short around 3180-3110, target: 3080-3020
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Reward
like
1
Repost
Share
Comment
0/400
LuoBaoEr
· 12-08 09:50
It looks like my short position at 3036 has a chance to break even.
The four-hour ETH chart shows short-term resistance within a volatile upward framework.
Previously, ETH dipped to around 2907, then made a V-shaped rebound to around 3150. However, the current rebound has not been sustained, and the hourly chart shows a pattern of gradually lower highs.
ETH: Short around 3180-3110, target: 3080-3020