ETH: Recover the 200 SMA and bullish

Price action gave an attractive entry opportunity this morning (it went a bit deeper than expected in our previous chart). In order to go back full speed the price needs to recover and flip the 200 SMA at 3'420, otherwise the door to a deeper correction remains open (less likely in my opinion).
Chart PatternsETHEthereum (Cryptocurrency)ETHUSDTrend Analysis

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