🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
Ethereum (ETH/USD)
Bollinger Bands (BB 20, SMA close 2)
ETH tried to break out but was pushed back, suggesting resistance near $2,555–$2,560.
Current Price: ~$2,530.
SMA Confluence: Price is oscillating around the moving average—shows indecision.
Lower Wicks: Buyers stepped in around $2,500–$2,510 (support zone).
🎯 Potential Entry Points:
✅ Long Entry (Buy) Option:
Entry: Around $2,520–$2,530, after confirmation of bullish candle above SMA or middle Bollinger Band.
SL (Stop-Loss): Below recent swing low, ~$2,495.
TP (Take-Profit): Near upper band ~$2,560–$2,580.
🚫 Short Entry (Sell) Option:
Only if:
Price closes below $2,520 and breaks the middle BB/SMA with volume.
Entry: $2,520 break with a bearish confirmation candle.
SL: Above $2,540.
TP: ~$2,500 or lower.