🚨 $ETH /USDT – Recovery Attempt After Sharp Rebound! 🚨
ETH is currently at $1,616.74 (-1.23%) after a strong bounce from the day’s low at $1,537. While the price faced rejection near $1,658, the Parabolic SAR support is forming again around the $1,564 level.
24H Overview:
High: $1,641.82
Low: $1,537.26
Volume: 723.7K ETH / $1.16B USDT
Technical Insight:
The 1H chart shows ETH trying to regain upward strength. A new SAR dot trail has started forming, suggesting renewed buyer pressure as long as $1,580 holds firm.
Trade Setup:
Entry Zone: $1,610 – $1,620
TP1: $1,645
TP2: $1,680
Final Target: $1,720
Stop Loss: $1,580
Pro Tip:
Watch for SAR confirmation and volume spikes before entering. ETH can reclaim momentum quickly when buyers step in!
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