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$ETH 📊 March 20 - Second Pancake Market Analysis & Strategy
ETH 🪙:
Short-term oscillation above the middle band of the Bollinger Band showing strength, current price at 2151.56, lower band (2133.25) serves as short-term support, middle band (2144.60) serves as key support; MACD golden cross with moderate volume expansion, overall in a low-position recovery bullish pattern.
If price holds above the middle band 2145 and moves upward, it will break through the upper band 2156, opening upside space toward 2170-2180 range; if it pulls back and breaks below the lower band 2133, short-term weakness will occur, need to be alert to 2120-2100 support level.
🎯 Second Pancake Strategy (Bullish Bias)
• Long entry zone: 2135-2140
• First target: 2165
• Second target: 2175
• Stop loss: 2130