$ETH USDT BULLISH REVERSAL INITIATED – BUYERS TAKING CONTROL!

Ethereum has bounced strongly from the $1,735 support after a sharp decline and is now showing signs of a potential bullish reversal. The price broke the immediate downtrend and reclaimed the previous horizontal support zone, indicating buyers stepping back in. This structure suggests a favorable risk-to-reward setup for a long trade.

Trade Setup:

Entry: $1,754 – $1,758

Take Profit (TP): $1,789

Stop Loss (SL): $1,735

Market Outlook:

A successful retest of the broken resistance-turned-support zone around $1,753 signals renewed bullish momentum. If ETH holds above this level, the upside potential remains intact with eyes on the $1,790 resistance. Monitor volume for confirmation and adjust stop loss as the trade progresses.