Ethereum is re-testing a local zone that has aligned with EMAs.
This is the zone we are keeping our attentions at, as we are expecting to see a successful re-test (which means rejection).
Upon seeing a rejection there, we will look for MSB on smaller timeframes and then a steep 8% downward movement to the target zone so let's wait.
This scenario will be optimal as long as we stay below 200 EMA!
Swallow Team