ETHUSD [Daily] Longs in play but Bulls need close above 180

Lately we have been covering both shorts and longs and we were quite correct here and here

ETH looks much better than few days ago but still bulls have a lot of work.

What I like on the chart:

Weekly demand zone holds ( blue )
staying above 125/120 ( breaking below may expose 105/100 again ) after rejection at 160 but not panic seen yesterday,
so I do believe bulls will try again to take out that level.

Taking medium/long term perspective into consideration 175/185 might be the biggest challange

What I dont like on the chart:

Comparison ( distance ) of the latest move to the September rally,
so if bulls fail at 120 quick move down to 105/100 and 80 is likely.

Summary: Longs in play below 130 with stops below 118 ( based on daily close ) targeting 170/180