buy on weakness

Ethereum Rallies — Accumulate on Dips

I see Ethereum trading at $4,520.08 (185,714 TL) with a healthy weekly gain of 6.36%, indicating clear short-term strength. The pair is nearer to this week's high (187,747 TL) than the low (180,563 TL), and volume confirms buying interest.

Given the recent run, I expect continued upside but also the risk of a pullback to nearby support levels if momentum cools. I prefer to wait for a dip rather than chase at current levels.

My plan is to accumulate on weakness or on a clear retest of support, while monitoring volume and weekly trend for confirmation.

Source available for registered users Sign Up Free

Analysis

Price strength and volume point to bullish momentum, but the market is close to recent highs, so downside risk on a short-term pullback exists; watch support around 180,500–186,000 TL and volume for c...

Recommendation

Prefer buy-on-weakness: wait for a retracement toward established support or a volume-backed continuation before adding exposure.

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: