$ETH – LONG TRADE SIGNAL AFTER STRONG RECOVERY FROM DIP
BULLS DEFEND $3,700 ZONE
QUICK WICK REJECTION SHOWS BUYER INTEREST
Ethereum printed a strong upside wick rejection from $3,707 support after a slight pullback from the $3,736 high. The bounce indicates that buyers are stepping in quickly at dips, showing continuation potential toward the highs. A clean structure of higher lows and demand zones holding supports the bullish bias.
LONG TRADE SETUP:
• Entry: $3,715 – $3,725
• Target 1: $3,750
• Target 2: $3,785
• Stop Loss: $3,690
Market Outlook: If momentum continues, a break above $3,740 could trigger a run toward $3,800+. Bulls remain in control.
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