"ETH short-term rebound meets key resistance! 3,558 breakthrough or pullback? Latest trading strategy quick look"



Key support and resistance
✅ Support level:
3,517.62 (MA20) → short-term key support, if it breaks down, it may pull back to 3,450-3,500
3,427.08 (24h low) → strong support, if there is a pullback to this level, observe if it stabilizes.
🚀 resistance level:
3,557.99 (24h high) → A short-term breakthrough may test 3,600.
3,650-3,700 (previous high area) → stronger resistance, needs to break through with volume.

Trading strategy:
short-term trading (flexible response)
1️⃣Bullish strategy (suitable for aggressive traders):
After breaking 3,558, take a light position to go long, target 3,600-3,650, stop loss at 3,520.
If the pullback to 3,517 (MA20) does not break, you can buy at a low, with a target of 3,550-3,580 and a stop loss at 3,490.
2️⃣ Bearish Strategy (Conservative):
If it cannot break through 3,558 and pulls back, a short-term short position can be taken at 3,500-3,520, with a stop loss at 3,580.
Short-term is slightly oscillating and bullish, but it is necessary to observe whether 3,558 can effectively break through.
ETH-0.25%
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