$ETH /USDT – Perfect Channel Bounce Setup! 📈
Current Price: $3,620.26 (−3.36%)
$ETH has just bounced off the lower boundary of a falling parallel channel, showing signs of a potential short-term reversal. The wick rejection at the support zone around $3,565 indicates buyers stepping in with strength. This setup offers a clean risk/reward for a possible push back toward the upper channel.
📊 Trade Setup
Entry Zone: $3,610 – $3,625
🎯 TP1: $3,740
🎯 TP2: $3,859.07
SL: $3,564.46
Pro Tip: Look for strong bullish candle closes on the 15-minute chart to confirm momentum. A break above the mid-channel could accelerate the move toward $3,800+.
Channel support holding strong — ETH could be gearing up for a powerful rebound! 🚀
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