š ETH/USD ā Long Setup: Channel Support Bounce
ā° 15-Min Chart ā Bullish Rejection at Lower Trendline
š Current Price: $2,965
š© Entry Zone: $2,955 ā $2,970
(Price is reacting at ascending trendline support after sharp sell-off)
šÆ Targets:
TP1: $2,995
TP2: $3,045
TP3: $3,100
š Stop Loss: $2,895
š Setup Insight:
ETH has tapped the lower boundary of a rising channel and printed a strong bullish rejection candle with increased buy volume. This provides a potential long opportunity targeting mid and upper bounds of the channel.
š Confirmation Tip: Look for a break and hold above $2,975 on increased volume for extra confirmation before fully sizing in.