$ETH 📊 March 13 - Second Cake Market Analysis & Strategy
ETH 🪙:
The short-term price rallied up to near the upper Bollinger Band at 2148.62 and pulled back. Current price is 2106.66. The upper band's resistance is showing its strength. MACD shows a death cross signal (DIF: 11.64 < DEA: 13.45, MACD histogram turned green). Short-term bullish momentum is weakening with expectations for a pullback correction.
Price is still running above the middle Bollinger Band at 2100.99, with strong middle band support. If it pulls back and stabilizes, it is expected to continue rising. If it breaks below