Duoduo 12.9 ETH Market Analysis (Personal opinion, open for discussion)



Upper resistance levels: 3127-3130-3150 strong resistance. If it breaks above 3150 but falls back to 3130, then watch for resistance at 3179 (beware of false breakouts).
Lower support levels: 3090-3080 are strong short-term supports. If broken, you can continue to short and enter the market.
Hourly chart range:
Bullish range: 3130-3150
Bearish range: 3090-3070
First support: 3100
Second support: 3070
First resistance: 3150
Second resistance: 3179

Short entry suggestion: 3140-3150
Stop loss: 16 points
Take profit: 3100-3090

Long entry suggestion: Place a buy order at 3120, stop loss 16 points
Take profit: 3148-3179

Today's daily trend is mainly bearish. After breaking below 3100-3090, look for short opportunities.
ETH-2.99%
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