$ETH

H / USDT BULLISH REVERSAL - Strong Double Bottom Signals for Potential UPTREND!

Ethereum has printed a textbook double bottom near the support area of $1780 on the 4H chart, forming a clear bullish reversal structure. The price is currently trading around $1815, showing rejection of bearish wicks and building momentum for a potential rise towards the $1900 level.

Trade Setup (Long):

Entry Area: $1780 to $1800

Take Profit (TP): $1,890 / $1,920

Stop Loss (SL): $1,740

This double bottom pattern is reinforced by multiple bullish rejections and a clear curvature around the $1815 area. A clean breakout above this level on high volume could trigger a strong upward move.

Market Outlook:

As long as Ethereum holds above $1780, the bullish scenario remains valid. If the price drops, a healthy retest towards $1780 could provide an ideal second entry before the breakout surge. A rejection from this level again would invalidate the structure.

Order: "ETH tide turns - Double bottom confirmed, bulls are ready to charge!"