ETH bounced from strong support at $2,367 ā potential for bullish reversal as momentum recovers!
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ā Entry Zones:
Entry 1: $2,402 (Current price ā aggressive entry)
Entry 2: $2,375ā$2,380 (Retest of support zone ā safer entry)
(Look for bullish confirmation candles around these zones)
$ETH
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šÆ Targets:
Target 1: $2,448 (24h high / short-term resistance)
Target 2: $2,490 (Previous breakdown level)
Target 3: $2,534
Target 4: $2,569 (Local swing high)
$ETH
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š Stop Loss:
$2,355 (Below previous low and key support zone)
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š Technical Notes:
RSI(6): 41.60 ā Near oversold, potential for bounce.
MACD: Bearish but flattening out; early signs of reversal.
Price forming a double bottom around $2,367 ā bullish reversal pattern.
Low KDJ values (K: 19.91, D: 22.89, J: 13.94) ā strong mean-reversion potential.
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$ETH
š„ Momentum Watch:
Volume increasing and candles showing a bullish recovery attempt. If ETH holds above $2,400 with a break above $2,448, it could ignite a short-term rally.
