On the ETH chart, a sharp upward movement was seen with two strong green candles (bullish). This indicates serious buying pressure and a trend reversal. However, the last candle is small and red, with a wick above it. This indicates that the price has encountered resistance or that profit-taking has begun. There may be a short-term indecision or a small pullback in the market. In summary: A short pause or profit-taking period after a strong rise. In this case, 2880 can be targeted by opening a long position in the range of 2670 - 2680.
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On the ETH chart, a sharp upward movement was seen with two strong green candles (bullish). This indicates serious buying pressure and a trend reversal.
However, the last candle is small and red, with a wick above it. This indicates that the price has encountered resistance or that profit-taking has begun. There may be a short-term indecision or a small pullback in the market.
In summary: A short pause or profit-taking period after a strong rise. In this case, 2880 can be targeted by opening a long position in the range of 2670 - 2680.