$ETH 🔍 $ETH – Reclaiming Momentum After the Flush
Ethereum is showing signs of a technical rebound after a sharp correction, offering a measured trade opportunity for momentum traders.
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📊 Current Setup Overview
Low Reached: $2,436
Now Trading: Around $2,550
Recent High: $2,879
Technical Indicator:
Parabolic SAR has flipped bullish, signaling possible trend reversal
Volume Stabilization hints at smart money accumulation
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📈 Trade Setup
Parameter Value
Entry Zone $2,540 – $2,560
Take Profit 1 (TP1) $2,590
Take Profit 2 (TP2) $2,690
Take Profit 3 (TP3) $2,790
Stop-Loss (SL) $2,480
📌 Key Signal to Watch:
A clean break above $2,590 with increasing volume would validate upward momentum and likely draw more buyers in.
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🧠 Strategy Notes
This is a range-to-breakout setup—ideal for traders who thrive on catching trend reversals early.
The risk-to-reward ratio is favorable, especially if TP2 or TP3 is reached.
Watch for macro headlines (like the Iran-Israel situation) that could cause sudden volatility in all markets, including crypto.