#ETH is in the resistance zone, don’t chase the rise

Jul 9

📊#ETH is in the resistance zone, don’t chase the rise⚠️

🧠From a structural point of view, we have successfully constructed a double bottom bullish structure, so it is very reasonable to maintain the bullish view. The ideal target area for this structure is 3360-3533.

➡️Although we are bullish, we are currently in the resistance zone. The action to be taken in the resistance zone is to reduce or close positions, so do not chase the rise in the resistance zone. If it continues to break through the resistance zone, then the next resistance zone worthy of our attention is near the neckline resistance zone.

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ETHUSDT.P

Jul 10

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