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Crypto_First21

$ETH Relief Bounce Fails To Reverse Strong Downtrend

Trade Setup: Short

Entry Zone: 1,600 – 1,630

TP1: 1,540

TP2: 1,480

TP3: 1,420

SL: 1,690

Price remains well below the 200 EMA (1,882.18) and continues to form lower highs and lower lows. The current rebound from 1,540 appears to be a short-term relief bounce after heavy selling pressure rather than a confirmed trend reversal. As long as ETH remains below key resistance and the EMA zone, sellers maintain the advantage

#SpaceX lowers IPO valuation #Fed delays 2% inflation target #Zcash Orchard Pool vulnerability

coin
ETH/USDT
2,426.96
+5.93%

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