buy on weakness

ETH Pullback Offers Buy-on-Weakness Near 181,618 TRY Support

I'm watching Ethereum at $4,545.69 (≈185,710.00 TRY) after an intraday decline of about 4% while the weekly performance remains strong at +16.02%.

I see near-term support around 181,618.00 TRY and resistance near 194,788.00 TRY; the modest pullback with steady volume (≈29.46M TRY) looks like a controlled retracement rather than a breakdown.

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Analysis

The intraday drop to 185,710.00 TRY sits within a clear weekly uptrend (+16.02%) and range between 181,618.00 TRY (low/support) and 194,788.00 TRY (high/resistance). Volume around 29.46M TRY does not ...

Recommendation

I would consider a buy-on-weakness approach: accumulate on dips toward the 181,618.00 TRY support with a tight stop if price decisively breaks below that level; trim or reassess near 194,788.00 TRY re...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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