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Julie B
$ETH is trying to hold $2,523 after a sharp decline, but every moving average remains above price and slopes downward. The first bounce is likely to meet supply around MA5.
Short entry: $2,530–$2,540
SL: $2,551
TP1: $2,523
TP2: $2,504
TP3: $2,485
Reclaiming $2,551 would reduce selling pressure and invalidate this setup.
Educational only not financial advice.
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