Circle Li Ying: 3.22 ETH bounced back after testing support, a second entry opportunity near 2153, multi-direction strategy upgraded again!

 Dear coin friends! The movement of ETH has finally been strong, from a drop from 2385 to a rebound and then a second test at 2153, directly starting a counter-trend rebound! Many friends might have just cut losses at the low point, now kicking themselves saying they should have held on! Don't panic, Li Ying's latest technical breakdown is here, this strategy will let you buy back at a low point and take profit at a high point!

After a two-hour test at support, the rebound strengthens bullish signals! From the recent high of 2385, it dropped sharply to rebound and then tested 2153, accurately testing the support zone of 2128 Bollinger lower band and the psychological level of 2100, then strongly rebounded to 2153! After the price tested the Bollinger lower band at 2128, it rebounded, currently oscillating below the middle band at 2163, and after the Bollinger band opening narrowed, it is about to expand, indicating a breakout is imminent, either breaking upward through the middle band for a rapid rebound or breaking downward to restart the decline. The MACD golden cross has strengthened bullish momentum again! The short-term trend signal of the moving average is shifting from bearish to bullish, and the approach for ETH is similar to Bitcoin with the primary focus on the former, assisted by the latter.

 Short-term practical strategy (Li Ying personally teaches, accurately targeting the market)

 Long strategy: 2120 to 2140, stop loss at 2090, target 2160 aiming for 2200

 Short strategy: 2120 to 2130, stop loss at 2150, target 2100 aiming for 2080

 Currently, ETH's MACD red column expands + the Bollinger band narrows then expands, strong bullish signals, prioritize playing for the rebound after testing support. If you are a friend confused after taking profit on a long position or a loss on a short position, now the range of 2150-2170 is your second entry point, stop loss at 2120, target 2163-2200, risk-reward ratio over 1:2!

 Friends, the market does not wait for anyone, the strategy has been given to you, it just depends on whether you dare to follow! Follow Li Ying, let’s fully enjoy this wave of rebound profit!

 Note: The above analysis by Li Ying is solely based on technical logical deduction and does not constitute investment advice. The market has risks, and investments should be made with caution.

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