J.J. Edwards’ Expert Market Analysis at FenzoFx

[FxNews]

Ethereum Approaches $2,908 as Bullish Momentum Fades​

FenzoFx—Ethereum remains bullish, trading near $2,796 and approaching monthly resistance at $2,908. Stochastic shows an overbought reading of 81.0, suggesting short-term buying exhaustion.

Bearish Scenario: A pullback toward $2,651 is likely if $2,908 holds. Extended selling pressure could lead to a test of the anchored VWAP near $2,500.

Bullish scenario: A confirmed breakout above $2,908 would likely extend the rally toward $3,260.

 

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AMD Analysis​

FenzoFx—#AMD broke above $139.8, making the primary trend bullish. A pullback to this level can provide a discount to join the bull market, with a target at $147.8.

 

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Tesla Analysis​

#TSLA broke the descending trendline. The next target is bullish at $314.0 followed by $322.6.