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Ethereum(ETH): Re-Testing Broken Zone

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ETHUSDT Perpetual Contract (BYBIT:ETHUSDT.P)  
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BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators
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Ethereum is showing some strong re-testing after the breakdown of local support. Our attention is now at the current re-test and also at the upper resistance zone near $3665, which should be touched only if we see a breakout from the current re-test.

Swallow Team
Comment:
snapshot
Ethereum has had a really nice movement, rejecting that upper resistance zone while re-testing it there.

If all plays well, we should see a movement to 200EMA and even a potential breakdown (due to such a high demand for downward movement).
Comment:
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While Ethereum is still looking weak and making small profits, we are monitoring that 100EMA as we see a good chance of a breakdown happening near that!

If we see that, we will move towards 200EMA, as mentioned previously!
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