ETH is forming subtle higher lows above the 0.5 Fibonacci level and the 200MA—both sitting near the same key support zone.
The 50MA is currently acting as resistance, but structurally we’re seeing MLR > SMA > BB center, and the PSAR flipped bullish since the week of May 12.
We now have all the signals needed for a valid long entry on this timeframe.
Feel free to drop your thoughts in the comments—good or bad, all engagement is appreciated.
Take profits. Manage risk. Stay sharp.
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