ETHUSDT is holding the $1100 support for a while. 100MEA is also supporting the price since the last few candles close. Break and close above the $1253 level which happens to be the local resistance could trigger a rally toward $1723. The price must hold the 100MA for this scenario to play out.
Invalidation: - A close below the green zone. Level $1078
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This is just a possibility. As I used the word technically not necessarily. Do not take this as a piece of financial advice. Am still skeptical about this. Let's see if it can break the $1253 level this week. If not expect a drop of around $1067.
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