$ETH /USDT – STRONG DEMAND ZONE TESTED, REVERSAL IN SIGHT!
$ETH just completed a deep retest, bouncing sharply from the $2,440 zone — a critical level aligning with its 24h low and long-term MA(99). With price now stabilizing near $2,532, Ethereum could be preparing for a fresh leg up.
Market Structure Insight:
MA(99): $2,518 – holding as dynamic support
MA(7) & MA(25): Currently overhead, potential flip levels
24h Volume: $1.81B – healthy for a reversal setup
Fresh Trade Setup – Support Bounce Play
• Entry Zone: $2,515 – $2,535
• Target 1 (TP1): $2,585
• Target 2 (TP2): $2,645
• Stop-Loss (SL): Below $2,440
Pro Tip:
If ETH pushes back above $2,560 with strong volume, that’s your bullish continuation confirmation. Keep an eye on the DeFi and L1 ecosystem – they often trail ETH's momentum.
This is a "smart money reaction zone", and a close eye on BTC dominance + ETHBTC can help with conviction building.
