strong buy
Ethereum Faces Critical Resistance Zone Amid Potential Correction
Ethereum is currently in a problematic zone. If a correction occurs from this area, confirmation for a short position will be considered at the long-term frame. The target is the liquidity pool at 3475.
If the zone is ignored and the pool is taken without a correction, I will skip the position.
The chart also highlights potential zones where the price might pause for Ethereum — primarily the year opening level and the daily imbalance.
https://www.tradingview.com/x/yQokvcnz/
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AI Analysis
Ethereum (ETH) is now situated within a problematic technical zone, indicating increased market uncertainty. Traders are watching for a possible correction from this resistance area before committing ...
AI Recommendation
Considering the current analysis, it is advisable to wait for confirmation of a correction before establishing a short position on ETH. Monitoring the price action around the identified support and re...
Disclaimer
The AI 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.