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#ETH
Clear structure, price action is outperforming BTC. If ETH can hold above 2600-2620 on the 1H chart, it has a good chance to test the 2650-2680 zone. Overall, the trend looks like it's in an accumulation phase after a pullback, with potential to break previous highs.
Heavy support is seen in the 2575-2605 range, while major resistance is clustered around 2650-2675.
For the afternoon session, consider going long on a dip to the 2590-2600 area. If there's no volume breakout above 2620 before the EU session at 15:00, best to cut or exit positions. If we see a breakout, expect a strong leg up.
$ETH

Hope for a breakthrough

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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