$ETH /USDC SHOWS STRONG REBOUND AFTER SHARP SELL-OFF

RECOVERY FROM KEY SUPPORT

BULLISH CANDLE ENGULFS DOWNTREND

BREAKOUT POSSIBILITY ABOVE $2,470

After dipping to the $2,412 support zone, $ETH /USDC bounced back sharply and is now consolidating above the key average level (AVL) of $2,462. The formation of a bullish engulfing candle on the 1H timeframe suggests potential upward continuation.

🟢 Long Trade Setup:

Entry Zone: $2,458 – $2,465

Take Profit (TP): $2,500

Stop Loss (SL): $2,440

Market Outlook:

Momentum has shifted in favor of buyers. If $ETH reclaims and holds above $2,470, it could lead to a retest of the recent high at $2,525.

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