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Midday Double Candle Trend Analysis and Strategy
Today (December 25), Ethereum's 15-minute K-line shows a shrinking volume consolidation, rebounding after testing the $2880 low, currently hovering around $2940. The Bollinger Bands are narrowing, RSI is in the neutral zone, and MACD bullish momentum is weak, with insufficient rebound volume to break the high.
In the short term, focus on range-bound trading with high sell and low buy. Light positions can be opened long at the support zone of $2890-$2910, with a stop loss set at $2870 and take profit at $2955-$2970; for short positions, open lightly at the resistance zone of $2970-$2980, with a stop loss at $3000 and take profit down to $2920. #Are you bullish or bearish today?