Ethereum
Long

ETHUSD approaching support, potential bounce!

1 559
ETHUSD is approaching our first support at 116.12 (horizontal swing low support, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 135.07 (horizontal overlap resistance, 50% Fibonacci retracement).
RSI (21) is also approaching support where we might see a corresponding bounce in price.
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