Lingrid | ETHUSDT bounced off the Strong RESISTANCE zone

ETHUSDT made a false breakout of the resistance at 3300. It failed to set new higher highs. Overall, the market is bearish on the 4H timeframe. I think the market will break through the upward channel, then move downward to the key level at 3000. The price action created an equal low, and it potentially might retest the lows or even go lower. I expect the price to break through the channel because the market bounced off the strong resistance level. My goal is the support level at 3050.00


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Trade closed: target reached:

Precision of it