VIP MARKET UPDATE: $ETH ETH rejected from the range high and breakdown the horizontal support with a high bearish volume. It is also forming a bullish shark pattern.
The potential reversal zone of the bullish shark is coming at $11,00, which is also a strong support level. So we can expect a strong bounce from its potential reversal zone.
If it reclaims above the current S/R level, then a bullish move is expected after that, and the breakdown will be considered a bearish trap.
- Binance Killers
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