@zenithmist
$ETH 2025/8/18
1️⃣ 1H Status:
Broke below the middle band, shifting back into a strong downtrend structure.
2️⃣ My Thoughts:
Based on my previous tweet, there was a long opportunity in between, but early this morning ETH broke below the middle band and got rejected, re-establishing a strong bearish structure.
If you’re looking to go long, I’d recommend waiting for a clear price breakout above the middle band, and only enter after a successful retest that holds above it.
For now, I’m eyeing 4160 as the next downside target—it’s a potential support zone that’s been tested several times before.
0 reply
0 recast
0 reaction