Price is attempting to hold above the SMA, but the downtrend remains intact until a clear breakout above resistance occurs. A pullback to the SMA could offer a long entry if support holds, while a breakdown below 1,970 would signal further downside.Entry Level Suggestions:Long entry: 1,971.0 (near SMA support) with a stop loss at 1,965.0 and a target of 1,985.0.Short entry: 1,969.0 (if price breaks below SMA) with a stop loss at 1,975.0 and a target of 1,955.0. #ETH $ETH
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Price is attempting to hold above the SMA, but the downtrend remains intact until a clear breakout above resistance occurs. A pullback to the SMA could offer a long entry if support holds, while a breakdown below 1,970 would signal further downside.Entry Level Suggestions:Long entry: 1,971.0 (near SMA support) with a stop loss at 1,965.0 and a target of 1,985.0.Short entry: 1,969.0 (if price breaks below SMA) with a stop loss at 1,975.0 and a target of 1,955.0. #ETH $ETH