Ethereum just bounced hard off the $1,780 support zone with a powerful bullish engulfing candle — showing clear signs of buyer strength. That lower wick rejection? Pure market defense.
Price Action Insight: Buyers stepped in right at the marked zone, rejecting further downside. Quick spike to $1,812 hints at momentum brewing again.
24H Snapshot:
High: $1,820
Low: $1,778
Volume: Surging post-rejection
Key Levels to Watch:
Support: $1,780 (Validated Zone)
Resistance: $1,820
Breakout Level: $1,825
Trade Setup:
Entry Zone: $1,805–$1,810
Target 1: $1,830
Target 2: $1,850
Final Target: $1,870
Stop Loss: $1,775
Leverage Tip: 5x–10x with tight risk
Pro Tip: Strong rejection candles at major support often precede sharp upside moves. Monitor volume and momentum.
Get Ready to Ride This Bounce – Trade ETH/USDT Now on Binance! #ETH #Ethereum #CryptoTrading #Binance
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