$ETH – Strong Bounce, Trend Reversal or Another Fakeout

Overview:

šŸ”¹ Current Price: $2,239.60 (+7.12%)

šŸ”¹ 24h High: $2,251.70 | 24h Low: $1,993.20

šŸ”¹ Massive Buying Pressure – 939K ETH traded, showing strong demand

Trade Setup:

Entry Zone: $2,200–$2,250

(Look for consolidation and volume support!)

Targets:

$2,330 (Short-term resistance)

$2,520 (Breakout level)

$2,710+ (Bullish momentum continuation)

Stop-Loss: $2,100

(Below key support to minimize downside risk!)

ETH is showing strong bullish momentum, but it needs sustained buying volume above $2,250 to confirm a move toward $2,500+.

If resistance at $2,330 is broken, expect rapid upside movement.

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