buy on weakness

ETH pullback within weekly uptrend — buy on weakness toward lower range

I see Ethereum (ETH) trading at $4,414.01 (down 2.37%) and 181,142 TL (down 1.95%), with a weekly gain of 8.2%. The local range is 179,428–190,744 TL and volume is 37,227,062.44 TL.

This looks like a modest intraday pullback inside a clear weekly uptrend; price is only slightly above the weekly low, while the high near 190,744 TL marks nearby resistance. Volume is meaningful, suggesting genuine participation rather than a thin-market move.

I would treat this as a buy-on-weakness setup: look for entries on further shallow dips toward the lower range, keep risk tight below the weekly low, and target the previous high area for short- to medium-term profits.

Source available for registered users Sign Up Free

Analysis

Current price action shows a short-term retracement inside a bullish weekly context. The proximity to the weekly low makes downside limited relative to the upside toward 190,744 TL; volume supports th...

Recommendation

Buy on weakness into shallow dips near the lower range, place a stop below 179,428 TL, and consider taking profits around the 190,744 TL resistance — position size should reflect volatility and person...

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.

You might also be interested in: