TWEET - ETH -
Added 2024-09-13 15:16:13 +0000 UTCI have spoken a lot about the significance of the 200 WMA
Historically speaking, the 200 WMA behaves as a strong support level, it also offers substantial value at this level, there has never been a lower low after testing the 200 WMA for $ETH
Additionally, the 0.618 Fib support level also offered support when the 200 WMA was tested. Making this a strong confluence level.
We can not rule out that the price will not go lower but the reward for buying around the 200 WMA far outweighs the risks.
$8000 remains my 2026 PT for $ETH.
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