$ETH /USDT – Ongoing Bounce Sold? 🤕
Current Price: $2,418.60
24H Change: -7.44%
📉 Market Structure:
$ETH experienced a strong sell-off from $2,640 to $2,380. However, it is now holding above a key demand zone with a small bullish recovery candle forming.
📌 Key Levels:
Support: $2,380
Resistance: $2,460
Breakout Trigger: $2,500
📊 Trade Setup:
Entry Zone: $2,410 – $2,430
TP1: $2,470
TP2: $2,525
SL: $2,375
💡 Pro Tip:
Wait for a bullish engulfing candle on the 15m or 1H above $2,430 with volume for a safer confirmation.
🔥 After a strong decline, $ETH could be preparing for a relief rally—keep a close watch for confirmation!
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