$ETH USDT ā LONG TRADE SIGNAL BASED ON STRONG SUPPORT AND BUY INTEREST NEAR $2,800
š Technical Analysis (30m Timeframe)
Ethereum (ETH) against Tether (USDT) is showing bullish momentum on the 30-minute chart. After touching a low around $2,802, price rebounded strongly, indicating buying pressure near the support zone of $2,800ā$2,817. The current price is trading at $2,817.11, and a slight recovery to $2,930.00 was noted, forming a potential higher low structure.
Key Observations:
ā Support Zone: Strong demand observed between $2,800ā$2,817, as price consistently bounces from this level.
ā Buy Orders (Liquidity Zone): Buy orders stacked at $2,817.50, indicating interest from bulls.
ā Resistance Levels to Watch:
Minor: $2,930.00
Strong: $2,940.00
ā Trend Bias: As long as price stays above $2,800, bullish continuation is likely.
Trade Setup:
Entry (Buy Zone): $2,815ā$2,820
Target 1: $2,890
Target 2: $2,930
Stop Loss: $2,790 (below recent low)
š Volume appears to support upward momentum, and order book activity shows a slight imbalance favoring buyers.#BTCBreaks110K #BinanceHODLerRESOLV #CryptoRoundTableRemarks #Tradersleague #MarketRebound
