ETHEREUM ($ETH ) – LONG SIGNAL

Current Price: $1,646.12

Trend: Short-term bullish reversal after hitting a major support zone

Recent Low: $1,385.05

Resistance Levels: $1,829 • $2,079 • $2,330

Support Zone: $1,546 – $1,385

Signal LONG (Bouncing off strong demand zone with increasing buyer strength)

Entry: $1,630 – $1,650

Take Profit Targets:

• TP1: $1,829

• TP2: $2,079

• TP3: $2,330

Stop Loss: $1,520

Risk Level: MODERATE TO HIGH – Set alerts & trail SL once in profit

Quick Technical Breakdown:

- Strong bullish candle forming after multiple red days.

- Bounce from $1,385 low shows potential for a recovery wave.

- Good volume + RSI recovering from oversold.

- MACD may be setting up for a bullish cross.