โ๐๐ง๐ ๐๐ผ๐๐ป๐ฐ๐ฒ๐ ๐๐ฎ๐ฐ๐ธ: ๐๐ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฐ๐ผ๐๐ฒ๐ฟ๐ ๐๐๐๐ ๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ดโ$ETH Recovery Begins? โ
Great news for the $ETH community โ after a massive dump that pushed Ethereum below $1,500, weโre finally seeing signs of a potential recovery! ETH/USDT is now trading at $1,547.50, up +1.66% in the last 24 hours. Congratulations to those who held through the recent crash or bought the dip โ youโre already in green territory โ
Letโs break it down:
24H Low: $1,471.02 โ ETH touched a major support zone!
24H High: $1,640.00 โ Thatโs a $169 swing in a single day โ
Volume Surge: 871K ETH & 1.35B USDT traded โ heavy activity from both sides
Bullish Candle Formation spotted on the daily chart โ are the bulls taking control againโ
Looking at the chart, ETH bounced hard from its low and is trying to reclaim the $1,550 level. If momentum continues, the next resistance sits around $1,600-$1,650. However, if this bounce fails, we might retest the lower support zones.
Whatโs Next?
Are we gearing up for a mid-April relief rally or is this just a dead cat bounceโKeep an eye on volume and key resistance levels.
Congrats to the disciplined traders and HODLers โ you deserve this green candle โ
Signal โ ETH/USDT (Spot/Short-Term Swing)
Entry: $1,545 โ $1,555
Target 1: $1,600
Target 2: $1,640
Stop-Loss: $1,495
Risk/Reward: 1:2+
Signal Type: Short-term Bullish Bounce
Confidence: Medium (watch for volume confirmation and BTC movement)
Notes:
ETH is showing signs of a bullish reversal after a strong bounce from the $1,470 support. Daily candle is forming a potential bottom pattern. If BTC remains stable, ETH could continue to rally towards the $1,600+ resistance zone.
โAlways use proper risk management.
โMarket conditions can change fast โ stay updated.
Whatโs your game plan from here? Buying, selling, or waiting for confirmationโ Letโs talk in the comments!
