ETH LONG
2025-01-13
Category: None

The chart shows an accumulation phase near the support level around $3,202.76. 

The price action has been ranging, indicating a consolidation period as buyers and sellers are balancing out after taking sellside liquidity.

The area of accumulation is marked in orange, suggesting that this is a critical level where demand could overpower supply, potentially setting up for a breakout.

Key Levels:

Support Level: $3,202.76 (Accumulative Zone)
Target: 6666$

Market Sentiment: Frustration

Disclaimer: Always do your own research and adjust positions based on your risk tolerance.