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December 12th ETH Evening Market Analysis (Personal Opinion, Welcome to Discuss)
Resistance level above: 3250 remains a strong resistance. If it breaks 3250 and pulls back to 3210, then look at the 3250-3270 resistance zone. If there is no solid breakout, exit promptly.
Support level below: 3190-3180 is a strong support. If broken, consider shorting to enter the market.
Hourly oscillation range:
Bullish zone: 3210-3130
Bearish zone: 3190-3180
First support: 3180-3170
Second support: 3161-3150
First resistance: 3240-3250
Second resistance: 3270
Short entry point suggestion: 3250-3270
Stop loss: 16 points
Take profit: 3210-3200
Long entry point suggestion: Place buy orders at 3210-3220, with a 20-point stop loss
Take profit: 3250
Currently, on the daily chart, the overall trend remains bearish. If it breaks below 3190, consider going short to 3180-3160. If it effectively breaks 3150, then look at 3140. The daily chart indicates the main trend is still downward.