$ETH is holding support nicely and looks like it's getting ready for a recovery. We've seen buyers step up at this key demand area after the recent dip, which is encouraging.
If we push and hold above the nearby resistance, it could open the door for a decent upside move.
Trade Setup:
Entry: 1882 - 1888
Stop Loss: 1865
TP1: 1905
TP2: 1925
TP3: 1945
A strong volume push above 1900 would be a good confirmation for more upside. As always, manage your risk and wait for some confirmation before going heavier. Solid setup if it plays out.
If we push and hold above the nearby resistance, it could open the door for a decent upside move.
Trade Setup:
Entry: 1882 - 1888
Stop Loss: 1865
TP1: 1905
TP2: 1925
TP3: 1945
A strong volume push above 1900 would be a good confirmation for more upside. As always, manage your risk and wait for some confirmation before going heavier. Solid setup if it plays out.