Ethereum $ETH is back above $2,000, reclaiming key support! Is this a buying opportunity, or will we see another leg down? Let’s break it down! 👇
🔍 Market Sentiment:
🟩 Bullish Rebound, But Caution Needed
ETH has recovered after briefly dipping below a critical level:
✅ Shakeout Below $2K → Liquidity grab before potential move up
✅ SuperGuppy Indicator Tested → Historically signals major dip buy zones
✅ RSI(14): 60.09 → Momentum remains intact
✅ *Upper Bollinger Band ($2,020) → Next resistance level
💡 Key Takeaway?
If $ETH holds above $2,000, the next target is $2,050 - $2,100. But a failure to sustain could lead to a retest of $1,975 - $1,950 before further upside.
🎯 Trading Idea
🟩 Bullish Play (Dip Buy Strategy)
🔹 Buy Zone: $1,975 - $2,000 (Key support zone)
🔹 Stop-Loss: $1,950 (Below recent lows)
🔹 Take Profit: $2,050 - $2,100 (Next resistance levels)
🔹 Risk-Reward Ratio: 1:3
✔️ Entry Confirmation:
▫️ Price holds above $2,000
▫️ Strong buying volume on dips
▫️ SuperGuppy confirms uptrend
📈 Key Metrics:
💲 Price: $2,006
⚖ H/L: $2,019 | $1,975
📉 1H Change: -0.11%
📈 24H Change: +0.61%
🚀 7D Change: +6.43%
☠️ 30D Change: -28.51%
⛰️ ATH: $4,878 (-58.84%)
📊 24H Volume: $6.88B
💰 Market Cap: $242.05B
💡 Final Thoughts:
$ETH is back above key support, but can it hold? A move above $2,020 could trigger further upside, while failure may lead to another dip before continuation. Watch price action carefully before entering! 📢 What’s your move on $ETH? Buying the dip or waiting? Drop your thoughts below! 👇
🪧 VOTE NOW!
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