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Ethereum remains oscillating within the daily central zone 2 around 2775-3447 on the daily chart; on the 4-hour chart, it has retraced to the dense trading area near 2888-3077; on the 30-minute chart, it is currently oscillating within the 30-minute central zone 2 around 2918-3002.
The 5-day moving average is pressing down near 3003. Intra-day, focus on resistance in the 3000-3030 area above, and support in the 2920-2900 area below.
Trading ideas: 1. Short near the 3010-3030 area on rallies, with a stop loss at 3050 and take profit at 2940-2920. 2. Long near the 2920-2900 area on dips, with a stop loss at 2870 and take profit at 2980-3000.
(The above suggestions are time-sensitive and for reference and discussion only)
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