Ethereum (ETH): Still Holds Bullish Trend Line!We had some choppy moves on Ethereum recently thanks to the Bybit hack.
Nevertheless, that dip got bought up very quickly and buyers are still maintaining the local support zone, which is a very strong one, as we have talked previously. Combined with EMAs sitting at that area, this is a good buying zone for sure.
Now the current weekly candle is showing some weakness but we are not going to judge yet as it is just the start of the week!!
P.S. As long as we are above EMAs, we are good for long!
Swallow Team