On the 1-hour chart, ETH is currently testing the 21-period EMA. This is a critical moment—if it manages to push through this moving average resistance, we could be looking at a potential bullish reversal taking shape. The question now is whether buyers have enough momentum to reclaim this level and spark a fresh uptrend, or if selling pressure will force a pullback.
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DeFiGrayling
· 3h ago
Breaking this line or not, only if you break it is there hope; if not, it will keep falling.
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GateUser-a606bf0c
· 3h ago
Selling pressure is coming again, can it break this time? Feels like it's going to repeat again, it's a bit annoying to watch.
On the 1-hour chart, ETH is currently testing the 21-period EMA. This is a critical moment—if it manages to push through this moving average resistance, we could be looking at a potential bullish reversal taking shape. The question now is whether buyers have enough momentum to reclaim this level and spark a fresh uptrend, or if selling pressure will force a pullback.