ETH and the market as a whole have been in a local uptrend for the last few weeks. A key level of $3,275, which acts as resistance, can be highlighted on the chart.
At the moment the price is moving towards this level. However, one should not discount the local correction, and then the subsequent growth. In case of a correction, the price may test the support line and the liquidity area and then go up.
In the event of a successful test of the support line or a squeeze and a breakout of a key level, there could be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
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