Technical analysis by TradeWithTheTrend3344 about Symbol ETH: Buy recommendation (8/13/2024)

Hello Everyone,ETH/USD recently hit a six-month low at 2116.02, where the 1-year Pivot Point (PP) provided strong support, helping the price rebound. Currently, there's a significant possibility that the 1-day Support could be tested again, but the overall bullish outlook remains promising. The next key move is a continued push towards the 1-month PP, with the goal of establishing a stable position above it.TradeWithTheTrend3344